Vijay Kurhade
Any standard practice to breakup total construction cost?
Is there any standard practice to break TCC something like Site preparation and other works 4-6%, Service works 14-19%, Finishing works 20-25%, Civil works 50-55%, Consultation...
Leon Lee
Standard Practice on Dealing with Fraudulent Payments on Guests
Hi, Fellow STR operators
I have a question on fraudulent payments from STR guests and wonder whether you all have a standard practice dealing with such situations:
We have some units in the rough part of the town an...
Chris Graff
Standard for practice for profit sharing among capital investors?
Hello all,My business partner and started an LLC where we put in equal capital and did equal work to buy and hold rental properties. We use a management company and generally do the work between tenants but hire out ...
Matt F.
Owner Occupant Insusance to Landlord Insurance
Hi All,I currently own two rental properties. The first was financed as an investment property and set up with the insurance company as an investment property. The second I had trouble finding a bank to lend, so it wa...
Danny Ferrari
Mortgage Lender Charging For Credit Check
Hello! New investor here 👋🏻 Is it standard practice for a lender to charge for a credit check? Currently being charged $40 for a "credit report payment authorization".
Felix L.
Tenant Screening in NJ
Hi All,New landlord in Norther New Jersey, have a question about tennant screening for any folks doing buisiness locally.From my past experience in New York I was under the impression that asking for the following thi...
Terry McPherson
Question on required closing documentation.
I'm a relatively small new investor with 4 properties and currently selling my first flip in Ky. The buyers or their title company or mortgage company is asking for the operating agreement for my LLC. Is that a stan...
Edgar Perez
PM company - additionally insured
Found a couple posts from a few years ago but wanted compare to see if responses have changed.I'm in the process of hiring a property management company for the first time. They require that I add them as additionally...
Dan Collier
New Investor in Maryland - Are Exclusive contracts good?
Hi everyone! This is my first post. I just finished reading the beginner Bigger Pockets book and I am excited to get started! I own my home free and clear and am now looking to upgrade to a bigger house, and turn my ...
Daniel Bryant
insurance broker requests new policy # prior to termination
Good evening, I own a commercial property in NYC and recently sent a cancelation request to my insurance broker since I found a more affordable agent/plan.He replied by asking me to sign a termination notice (understa...