Hi everyone,So this is a total newbie question, but I'm looking to do my first deal and am talking with some hard money lenders. Multiple HMLs have asked me to send my last few tax returns and bank statements. My ques...

Mass housing stats for September, returning to normal? Median Price: $525,000 +7.14% Yoy - 7ish % isn't unusual, I have multiple ~7% moves since 2016.Sales: 5,344, -10.06% - normal number for September, 2020 was unusu...

I have in an unusual way stumbled upon a property that has recently been foreclosed on. The city appraisal was 379,400. The bank investors bought the property for 297,000. Each unit can be rented as is for 1,100 a mon...

Hi everyone,I managed to get my first house rented this year (I'm a renter myself).  We just hit a cold snap here in Atlanta (temperatures hovering around 25F).  While there is a tenant currently living in the house, ...

Hi BP, I've run into an unusual situation and am debating ending a lease early. A company has guaranteed a lease (the company pays but a single employee is on the lease). Now, the single employee on the lease has move...

We are working on a loan for a 5 unit, using a commercial loan from a credit union.  The credit union has requested the seller's IRS Schedule E.  We're getting some pushback from the realtors, suggesting this request ...

My wife and I are in the process of purchasing our first multi-unit property, but there is an addendum to the contract that sounds a little unusual. It says seller will not provide a bill of sale and will only provide...

Sometimes I reflect on the money that goes out for various repairs on our rental properties that pretty much has no impact to the bottom line, other than keeping the property in service. So in the last 12 months thes...

I went to look at several SFRs today as I am getting ready to jump in on my first deal. One of the properties we looked at we walked in the front door and somebody had thrown a rock in the side door and broken in and ...

As I was reading through http://www.remodeling.hw.net/ as I usually do at the being of every month and I came across an article titled,EXCLUSIVE: Construction crew finds five guns, 100 bullets in Harlem apartment’s ki...