All Forum Posts by: Mike Branche

When you have your property manager charge you for a new AC air handler in an attic, and find out the one he replaced it with was a used one the AC company had laying around. Then shows you the recipt for a new air handler.

Turns out he had the new air handler was installed in one of HIS rental units. The random charges, and the cozy realtionship they have with some contractors is more than i can stomach. After a while a

I was paying management fees for them to collect rent only. I self manage and glad to do it. I average about 2 calls a month on 31 units. Many property managers are realtors also, so to say they always have your best interests at heart might be a little too optimistic.

Get a new thermostat that you can adjust, what the temerature actually reads to something a little colder, its in there mind not in the unit n

I bought like many during the crash, 2010 through 2015, Single Families and Duplexes. Cash Flow is Great, but current Bank is at a 20 year Amortization, 5%. Good Rate. In Fact my Portfolio Loans are at 32% LTV. Tons of equity, however Im not looking for cash, just a longer term, my community Bank wants nothing to do with a 30 year mortgage. By going to 30 year my Net cash flow increases $1,000 additional/month. Some Brokers want 2-4% just for origination. Looking for a Bank or Credit Union, that will refinance loan to 30 year ? That wont charge me an arm and a leg.