All Forum Posts by: Alex Get
Alex Get has started 10 posts and replied 40 times.
Post: Construction Companies and water mitigation companies
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
Hi
I have a property in Baltimore MD, there is some damage on the roof related to fire blown by wind and landed on it. Also interior water damage to walls and flooring etc caused by fire fighter's water. I appreciate if you could recommend good contractors.
Also if you could recommend me water mitigation companies that would take care of the wetness/moisture.
Thank you
Post: How Can I withdraw Auctioned Property with multiple issue?
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
Hello BP,
I bid a property on auction and a title company I chose notified me that because of multiple issues on the lien sheet and an active tax sale case, they are unable to insure this property and I contacted my second title company and the same respond I got. I am not comfortable to proceed with this purchase so what is your advice to me to withdraw this purchase agreement and to get back my earnest money deposit from the Auction company?
Thank you
Alex
Post: Closed on my 1st Investment!
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
Originally posted by @Dominique B.:
@Chris Ramos with the bank I'm going with there is no seasoning period required. The HELOC will be based on the appraisal (taking place next week). I've had my realtor resource run comps and it should fall into the 65-73 range.
Congratulation!
I am also running RE business in Balto, I have several properties with over 100k equities on most of them but to cash out from them finding bank like yours is not easy task so do you mind to PM me the name of the bank that you are going to work with?
thank you
Post: Non Occupied /Rental Properly Refinance Bank Recommendations
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
@Sam Lewis
I have both in LLC and my name.
Thank you for you advice
Post: Non Occupied /Rental Properly Refinance Bank Recommendations
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
Hello BP,
I have some Rental properties in Baltimore MD that I want to refinace or cash out, Have you worked with in MD, DC & VA area local bank or credit union that's flexible and investor friendly? Would love some recommendations or references.
thanks
Alex
Post: if your Tenant can't pay rent due to COVID-19,What do you do?
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
As a Landlord, if your tenant can not pay rent due to the COVID-19, but great Tenants who were paying on time for several years and you have mortgages and other fees due on your properties.How do you manage this situation? Or what kind of a smart approach you do?
Post: How do you Handle a Late Fee with Family Death Case?
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
Originally posted by @Alan G.:
@Alex Get
.... We don’t care if you are $5.00 short, we still collect the full 5 percent.
.... I do need to run a business and by the way, my bank doesn’t care the reason my mortgage payment is late, they will always charge additional fee.
Absolutely correct!
Post: How do you Handle a Late Fee with Family Death Case?
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
Originally posted by @Bjorn Ahlblad:
@Alex Get .....Death only counts if it is the tenant;) ...I like it!
Post: How do you Handle a Late Fee with Family Death Case?
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
@Kyle J.
Thank you for sharing me your expertise and your suggestion will be considered to be included for future renewal lease.
Post: How do you Handle a Late Fee with Family Death Case?
- Investor
- Pikesville, MD
- Posts 40
- Votes 8
@Clint Shelley and @Erik W.,
Your answer was not answer only but also a lesson for me.
Thanks a lot.