bank owned. I have a verbal acknowledgement that they will accept this number. Will a private money lender loan on this with no money down...or would it be easier to try and find someone to do a joint venture?
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I have 3 guys in their 20's who want to rent a house from me. I've been a landlord for over 12 years and usually deal with families, these guys seem to be responsible and have good jobs and combined make over 100k. Th...
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America has been devastated by the downfall of home prices and the increase of foreclosures, unemployment, and average debt, to the point of causing a Global economic crisis. Being that I am born and raised in Detroit...
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Sometimes, what you think might be a "deal," just might not be. Or you over-analyze a deal until you talk yourself out of it. Maybe that's where I am on this deal. So I'd like some advice from experienced BP'ers in th...
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After talking to a few potential lenders, it looks like they all require a $50,000 minimum property value for it to be eligible for financing. So we had to move upmarket (such as it is) in North County!
Inste...
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We've been going back and forth on this one. This cottage when done will sell in the $135-$145,000 range. This will be a good price for a house this size in this area. So not a high dollar flip. It was built in 19...
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Greetings to all:
I have just received an e-mail from a tennant which I will paste below. We purchased a 4 unit building 3 weeks ago. 2 units unoccupied and 2 units occupied but no leases. Top floor tennant has lived...
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Hello guys, so long story short, recently found out on Airbnb that my tenants listed my property on Airbnb which is a violation of the lease and could get evicted but I am thinking like a business man. My question is ...
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Searching for a great STR in Florida. In between a drive to market, like the Keys but prices are pretty crazy or a Flight to market like Orlando. Seems like there is a supply problem (experienced it) but looks like lo...
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Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...