HI : My Tenants just moved in yesterday. Now they are requesting that someone else stay in the unit with them for additional 5 months .They knew about this earlier before renting it and they intentionally did not ment...
Good afternoon, First of all, thank you for taking the time to read my post. I am a newer landlord in the Oregon market. I have one SFR rented out and leased through June 1st 2022. I didn't think about laws regarding ...
Hi There seems be an extremely high number of eviction filings from rental applicants in this particular area.....It doesn't have anything to do with the rental house nor the rental amount. Does anyone own rentals i...
Everyone knows that one year’s delay in completing a building project increases the project cost by about 15 to 20 percent. When considering the delay involved in building [REMOVED] City has one of the highest cost...
Insurance.I get it.Real estate is filled with lots of exciting stuff, but insurance generally isn’t considered one of them. Insurance ranks right up there with property taxes... just another expense to throw on the pi...
Last night we were notified that Fannie Mae is making some changes to their Rental property and Second home purchases. This morning we are getting more clarity. There is not going to a standard LLPA (price hit) in a...
I plan on talking to some of the local credit unions, small banks and mortgage brokers in the area prior to seriously finding my first deal(s). Before I go in though I would like to know how best to present myself and...
Hello BP CommunityI came across a nice 8 fam property in Brooklyn for sale for about 2 million. I know i can find a buyer for this property but i don't feel comfortable wholesaling properties over 1 million dollars. S...
Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...