Burt L.
How to Cancel Lease Before Tenants Occupy - True Colors Shown
Appeal to BP Nation- I have erred in accepting tenants and seek to cancel a lease before the tenants occupy. I went through my usual screening process which has treated me well for decades and it looks like I missed s...
Laurence K.
BPO not even close to true value
I'm an international investor from Australia, I purchased my first ever note in November 2015. It was a non performing first mortgage with an UPB of 116k, secured by a triplex in Luzerne County, PA. It was in the fina...
Christina Giovanetti
Tenant Calls In the Middle of the Night
Landlords! What do you do when a tenant calls in the middle of the night?
Pamela M.
FHA Loan/lender issues
Hi all,I am in the process of buying an owner occupied multifamily (3 unit to be precise in Newark). This has been an ongoing saga. I was aiming for 5% FHA which I was approved for. But there were so many silly issues...
Konrad L.
How To Approach Tenant About Lease Renewal
Hello everyone,I have purchased my first 3-family investment just a little over a month ago and the current lease on my 4-bedroom unit will be ending on June 30, so the tenant has one more month of official occupancy....
Jonathan Yeung
Is it worth it to buy and rent out properties in Philidelphia?
Subject says it all. I live in the NYC area and the properties seem way too expensive to purchase and rent out.
Would looking into a neighboring city such as Philidelphia where property is cheaper be a better altern...
James Syed
Tenant Solution
Hello BP.I have come across one tenant (in the last 3 years) who is vey annoying. He is always complaining about something. Couple of weeks ago, he was arguing with me so loud that neighbor called the police and he al...
Mike H.
Acceptance rescinded by Homepath - because there is "Interest"?
Is that even legal? Is it ethical?I had a homepath offer accepted on the 30th at 11:54 pm so basically midnight. And we went to get the packet in (signed doc, earnest money, etc) today but my realtor got another email...
Michael Lauther
Does it make sense to use leverage in a Self-Directed IRA
Given the UBIT assessed by IRS when if ever does it make financial sense to use leverage to increase the return on rental property?
Using this leverage will give investors using their IRA the ability to participate ...
Shannon Sadik
Apartment Down Payment: How to come up with the 25%?
I have been looking at apartment buildings for sale and am wondering how folks make the 20-25% down payment? I have several other rental properties and have been able to implement the BRRR model in order to avoid larg...