Stacy Tring
Can a lender file a lien after default if the contract did identify the property?
23 October 2024 | 2 replies
My understanding is that most lenders will file a mortgage lien on the subject property as soon as the loan is signed so as to preserve their rights, but what if the lender did not do so before the borrower defaulted?
Danielle DeCormis
Renting property to LLC in lieu of Quitclaim Deed
1 October 2024 | 4 replies
Is it possible to rent the property to my LLC for the cost of the mortgage and then have the LLC rent the property to a resident with the lease holding me harmless?
Andrea Galvez
5% downpayment for a 6+ unit building?
30 September 2024 | 10 replies
I was going to give them a 10% APY for keeping the money with me for 3 years, is that good?
Andrew Rivera
General questions regarding regarding LTR using DSCR for section 8 tenants:
23 October 2024 | 1 reply
Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).
Abhishek Agarwal
Advice Needed: Seller's Counter Offer Raises Concerns - LTV, Inspection Timing.
6 October 2024 | 2 replies
- Could the seller be trying to hide potential major issues in the house by leaving no room for inspection results or could it be just ensuring not to disturb the tenant?
Angel Peng
Inheriting less than ideal tenants from recent purchase
23 October 2024 | 1 reply
@Angel PengI have dealt with this in the past by first checking the lease, and if it is now month to month, I will give them notice that I am terminating the lease in, say, 60 days.
Olga Nadal
1031 Exchange for Medical Suite
23 October 2024 | 1 reply
Due to the nature of the 1031 exchange time is of the essence.
Marc Bowman
Sharing my knowledge about property management software.
23 October 2024 | 0 replies
Before coming to BrightSide, I was the manager of a successful home inspection company based in Knoxville, Tennessee.Since March 2023, I have been helping property managers in the short term vacation rental market learn to use our product and provide support.
Sarah Hatton
Bpcon 2024 Meetups?
6 October 2024 | 15 replies
I'm wondering if anyone plans on going a day or two early and wants to meet up?
Jessica Evans
Single family buy and hold rental
24 October 2024 | 1 reply
Expanding from 4 bedrooms/3 bathrooms to 6 bedrooms 3 bathrooms by excavating the basement.