Robert Taylor
What do you expect out of a property managent co. and how much are you paying?
24 May 2014 | 10 replies
-When a tenant moves out, bringing the unit back to good shape to be re-rented, which could include repainting the place, having carpet cleaned or in extreme cases replaced, patching holes in the walls, could be a lot of different things there and that's one I would also say the owner would be concerned about being gouged on by the manager.
Win Duncan
FHA impound accounts???
1 September 2009 | 6 replies
This property won't even be re-assessed until spring of 2010.
Jason Miller
What laws would you change
22 September 2011 | 15 replies
The tenant protection act (from foreclosures) is now being abused and needs to be re-written and/or clarified.
Norbin Cruz
Making a fair deal!
31 October 2016 | 4 replies
And their lending is purely based on the property.Regardless, that's not germane to this conversation, his family member is a private lender.
Ryan Blake
Considering House Hacking within the next year
19 November 2016 | 8 replies
If you are going to be relying on rent from boarders (one method of house hacking) - you want to make sure you are still comfortable if you had a "vacancy"or two for a few months.
Marwin Balibrea
How to (or should I) form partnerships with family members?
20 July 2015 | 9 replies
The one family member I once considered collaborating with couldn't see the big picture -- well, he could, but he remained paralyzed by what he considered "big" numbers.
Robert Howell
Liability and Responsibility
1 April 2015 | 13 replies
Moral of the story, the Buyer/Borrower could embark on a legal battle and win since ultimately they are who is being taken advantage of and all three of you (fund, seller, you) are the bad guys.Alternatively, if you have contact with the DIL Property Owner (original borrower who defaulted and did the DIL), maybe because he/she is getting the tax bill, you can try a Quit Claim Deed with them saying it needs to be re-executed to clean it all up due to clerical errors.
Kevin Beres
Put my first offer in on a great prop and... I didn't get it, How can I strengthen my future offers?
6 April 2015 | 24 replies
@Kevin Beres as stated if your in a hot market you probably have to offer at ask over over.. its amazing what 1k over ask will do especially if your in a market that has really never experienced that before..
Thomas Lorini
BP Newbie - Looking for Advice/Input on a Recent Purchase!
15 March 2015 | 18 replies
Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6) located in Hamilton, Ontario...yes its in Canada.
Nathan Smith
Buying a Car Wash - Would love to get some advice
18 January 2017 | 4 replies
If food cost,rent,labor go up or store needs to be re-imaged or machines need replacing etc. then I can have next to zero profit.