I’m doing my research in preparation for attending my first live auction of foreclosed properties. I’ve noticed that a few of the properties are occupied, I’m wondering if anyone has had experience especially here in ...
I am looking to buy my first rental. My question is the financing. I am a realtor in business for 7 years. 6 of those years were part time real estate. I went full time about 10 months ago. I was making around $1...
I am always trying to improve our systems for organizing deals. I do mostly lower end deals but do a pretty high volume so being organized is important to really be able to track everything.
We are currently using...
I have a single family home that is occupied by a tenant at the end of a 1 year month to month agreement. Initially, We had a 6 month agreement at $1500 a month. They stayed the 6 months and then a year, so 18 month...
Hi BP, I have a tenant with a 2 yr lease that started the beginning of this year. She has already been late on rent 3 times so far. I've been sending her notices of late rent every time and this has continued to ha...
Hello BP community,
I recently closed on a duplex, and I am seeking the opinion of the BP community regarding my situation. The duplex I purchased has three tenants, one of whom is using it for storage.
While I have...
Ok, this is less of a question and more of an opportunity to learn from my mistake. In my lack of concern because they all had leases and we were paying cash (no bank requirement), I didn’t require an estoppel certif...
Hello,Has anyone on BP been able to take the residential loan and refinance it into a commercial loan? Someone from BP provided me with this idea and I am wondering has anyone successfully performed this. I have a few...
Newbie here, trying to get this closing process down. Where do you meet to do a closing, is it at the title agency, a courthouse that all 3 parties meet? What exactly do the title person do at the closing? What exactl...
Whats the best way to proceed when a listing agent is delaying responding to an offer, waiting for other prospects to submit. I feel she wants to see if another, higher offers will be presented and I'm trying to figur...