Not sure what the laws are there but in Florida on the 5th day we have to send them a 3 day pay or quit notice before filing an eviction.

Hello BP Community, I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest).

I had 2 deals fall through because the owner didn't file taxes, without Schedule E's it is impossible to get favorable funding.

Should I undergo water mitigation and mold remediation immediately prior to filing insurance?

I received a noticed from the US Bankruptcy Court that one of my tenants file for bankruptcy on the 1s of this month.

@Nicholas LudwiczakSee the post I did on Self Storage valuation.Cash flow at 65% occupancy should be zero, including interest and principal; for Phase 1 build. 

That will allow you to keep your low rate on $170k if you have a low rate, then have a line of credit that is only the size you need and easy to pay down.This approach keeps your $170k liquid, sets up a $0 balance HELOC for the additional principal you can get and you don't pay for the additional principal loan in the HELOC until you use it, and only for what you use.

Hello BP Community, I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest).

These include falsely claiming to have closed dozens of deals when none were ever closed, illegal payment of undisclosed sales commissions to bundlers and independent contractors, advertising the funds as safe and appropriate to investors with obvious near-term needs for their capital, creating fund of funds en masse assembly line fashion with no corresponding SEC filings, unregistered brokers/financial advisors acting in that capacity absent licensure, having customers wire money claim the fund is fully subscribed and putting them into a high yield promissory note, accepting funds from unaccredited investors, misrepresentations about the debt put on the project, lies about experience level of the principals, omissions of material facts, and at least two straight up Ponzi schemes.While it's true that some legitimate operators are having issues in their portfolios, today's circumstances are a perfect example of the idiom, "you can only discover who is swimming naked when the tide goes out."

The only issue you may have is when filing your taxes some preparers charge based on the number of inputs you have such as W2s, 1099s, and P&Ls.