I have finally gotten my first property under contract and should close the end of the month or by mid Oct. It will take me less then a month, I hope and pray to rehab. The question I have is how to avoid paying the...
To start out I am doing this as a personal exercise to learn how to do these types of deals for the future, currently I have not yet done a deal of this size. Please help me improve.Unit Mix Information ...
Can anyone recommend a property management software/app that allows the tenant to pay rent and it is immediately deducted from their account?I currently use cozy which charges them a substantial fee and take a few day...
Hi All,We got an email this morning from a tenant who ran into the water supply main for the building with his car last night. Water is off on the building now and we have called a plumber and arranged for it to be f...
Yesterday I received a call that someone went behind my commercial building and stole all the air condition units that are outside of the building. I guess they were going for the copper inside the units. The thieves ...
BP,
I'm working my first flip and it's been an adventure! I've learned a lot and now I need to consider firing my contractor. What documentation do I need to fire my contractor? How do I prevent him or subcontractors...
I sent notice to a previous tenant on making a claim on their deposit recently. I sent the notice via Certified Mail to the address the tenant gave me. The tenant was not home at the time of delivery of June 20. USPS ...
I’ve been using the same insurance broker for around 4 years. He’s written dozens of policies, rentals and flips, vacant and occupied.I’ve recently gone and gotten a few quotes from another broker and they came in a f...
Is it possible to wrap closing costs into rental property mortgage?
Some loan estimates I've been getting requires an extra 5k plus taxes and escrow to have at closing.
25% down payment plus 8-10k additional to clo...
I know there must be posts about this but I searched and nothing came up. Has anyone used those home warrantees that you pay $400-$500 for and they cover (with deductible) repairs on systems and appliances? I've alway...