Hello BP crew,I'm a new investor about to close on my first property in Albuquerque. I'm financing it as a second home (since I'll occupy some of the time and rent out when I'm not there), through a conventional mortg...
Hi Everyone,Just curious as to what your thoughts are for areas the with most and least accommodating laws for STRs. Also, how tightly are the rules enforced?For example, in Sarasota FL within the city limits they all...
I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
I'm new to Private Lending. I've been concerned about how to cover myself in a transaction, but am now asking about if there is anything legally I need to do to be a private money lender. Anything legally required? ...
We have a tenant bringing in a pet and are charging a pet fee. We would like to include a clause in the addendum saying if the dog poo if not picked up from yard a service will be provided at the renters cost. How o...
I am currently a w2 doctor with a house in town A. I am planning on moving to town B (90 miles away) and becoming a 1099 doctor (town B is now my primary residence). I will still likely be doing an outreach clinic i...
Hello all.I am working on refinancing out of a BRRR-STR property I purchased in an LLC since we have multiple owners. Our mortgage broker just quoted us a 6.75% rate on a 30-yr fixed 75% LTV loan. He initially quoted ...
Hi All. my husband and I are trying to turn our rental property (which is on our property with its own address) into a AirBB or short term rental. We currently have an awesome long term couple that has lived there for...
Currently I have a tenant who was 18 days late with rent this month and was wondering what other's opinions are on renewing a lease with such a tenant. The tenant had been late on two other occasions, but both were in...