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20 March 2018 | 8 replies
The proverb of old says "Whoever walks in integrity walks securely, but he who makes his ways crooked will be found out", it is as applicable today as it was thousands of years ago.I think Brian is correct, the reason many get in trouble because they read all of the misinformation on the web, there are some yea-sayers out-there (even here on BP, but most of the times they get corrected) who will tell you "yes, you can do this" and lead others into trouble.
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11 September 2020 | 38 replies
On a central AC, one of the most important tests to be sure your contractor performs is a micron test to ensure the moisture in the refrigerant lines is removed.
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23 October 2020 | 13 replies
Only MA licensed lead paint inspectors can perform an initial inspection which will determine what, if any, lead hazards are present in the house.
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23 March 2018 | 9 replies
It depends on the tenant profile, generally likely-hood of a tenant self performing increases the smaller they are.
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4 October 2018 | 5 replies
It is by far my worst performing property.
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23 February 2020 | 10 replies
Id want to see their lease, I know it's not as tough as mine, an accounting of their security deposit and rent history.
28 March 2018 | 8 replies
Make sure it's clear you have no intention to buy the property but you are selling contracts as a business and doing this without a real estate license, you're now selling securities without a securities license too.
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21 March 2018 | 5 replies
A senior secured loan gives a lender a structural advantage over “mezzanine” or subordinated debt because senior debt is the first to be paid; it has top place in the event of liquidation.
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21 March 2018 | 10 replies
We found a property management company but before signing the contract, noticed that they put "owner to pay $395 to secure lease renewal of current tenant""owner to pay 8% per month but subject to $100 a month minimum payment" of gross revenues DUE (not paid) prior to monthly disbursements""if premises are vacant at any time during this agreement, then owner shall pay manager $100 per month for management of premises including supervision of maintenance"It doesn't seem like these terms fit for managing our simple duplex rental.
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21 March 2018 | 2 replies
I’m trying to sink my teeth in on my first investment property but had an issue trying to secure a loan on a SMF.