Brian R.
Tenant wants me to refund part of unusually high water bill
Hello BP community, I am facing a new issue on my second property, which is located in Philly.Last month the tenant's water bill was slightly over $200. For the six month's they have been there so far it has been betw...
Sam G.
What unusual item do you always have in your lease agreement?
I recently purchased my first property and am going to begin house-hacking in the next couple weeks. Once my inherited tenants have moved out, I'll be moving in and placing new tenants in the unoccupied unit. Outside ...
Joe Henry
Unusual situation - need help selling a property back to the bank
I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). SCRA protections p...
Ariel Haas
Financing for property that won’t appraise?
I’m looking to buy and put an unusual property type but my bank says that it won’t be able to be appraised due to a lack of comps in the area. I don’t want to pay hard money rates (I get 3% from my bank on properties)...
Cornelius Amos
NNN Lease and Tenant Paying Rents and Other Expenses Yearly
Would it be unusual for a tenant with a NNN to pay their rent, insurance, tax, and other expenses associated with their NNN lease in one yearly payment?
Jason V.
Reality Check on Mortgage Broker Behavior?
Quick background: I'm selling one of my SFRs, buyers are using a mortgage broker to get a USDA loan, which I believe is a 0% down. No RE agents involved. We agreed on the sale price, and 6% seller concessions. Now we'...
Billy Rogerson
2 Member LLC Filing Date
Tax Question: I formed a 2 member LLC in 2015 and purchased a building with it. I was just told that since it's a 2 member LLC that it will be taxed as a partnership, and given the changes in filing dates this year,...
Will K
Purchase and Sale Agreement Newbie Question
So I put an offer in on a house a few weeks ago. A week ago the RE agent tells me that the seller is considering my offer, but is also collecting other offers. Today the RE agent tells me she is emailing the P&S a...
Dan Dwyer
Seller Brings Funds To Closing
I live in Massachusetts and around where I am situated the market is starting to recover but Foreclosures are still everywhere and are still coming to the market fast and furiously. I was wondering if it is still poss...
Preston Wengert
Appraiser Issue in Arizona
I own a couple of rentals in Northern Arizona in Lakeside. There are two separate homes on one lot. Both stick built. It is somewhat of an unusual property having the two separate units on it but I don't feel it is th...