I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve...

Hi All,I just won a HUBZU REO auction which is sold as-is and with no inspection contingency. The property is occupied and I'm responsible for removing the occupants. I would like feedback from the BP community on the...

Sorry for the double post! I'm working on a deal in Norfolk and inspection is a contingency. The seller agreed to keep the electricity on but he won't turn back on gas & water. The house was built in 1950's and I ...

The timeline to get your paperwork into HUD used to be 48 hours.  Now, with the new e-signature, what's the timeline?  Here's what I have going on:  I placed a bid and got a counter-offer today (Wednesday).  If I acce...

Should I charge a late fee even though the online bank draft tool says they sent rent two days prior to due date?   Most tools give a 5-7 business day window.  Last month funds didn't hit till the 7th and rent is due ...

I have a unit where a tenant just left. Property management is helping me get it ready for the next tenant. It’s already been a week and I still have not received reports from their inspector on what needs to be done ...

Recently put in an offer on a HUD home site unseen. After a slight negotiation we won the bid! We plan to go out to visit the property and get an estimate on repairs before finalizing the paperwork for our offer just ...

Hi All, Need help I want to sale my property and the lease expires July 2022. He is not a good tenant is frequently late. He hasn't paid rent for this month October yet. Got into and altercation with his girlfriend in...

I'm closing on my first rental (a house hack) next week, 01/31, and want to sure I'm crossing all my Ts and dotting my Is.  That said, I'd like to establish a repore with my new tenants and introduce a platform that m...