Good morning fellow BP members, My name is Mack Campbell i am a neophyte investor as well as my partner in this joint venture we are about to start. I tried to talk him into picking an area to study the market but he ...
I just received the title work for a cottage I'm purchasing owned by Fannie Mae. The cottage is located in Northern Michigan. The Schedule B-1 requirements include this clause:7. Covenant Deed from recited owner to...
I have an opportunity to get a large (8,000 SF) commercial building for free. This building is historic, and would come with restrictions. It's also in very rough condition, with an estimate of $1M plus in order to ge...
hi i was wondering if any of you with low income rentals,, have kept track of eviction stats , i have a couple single family houses right now and i am comfortable in that area but a great deal on a triplex has come up...
I have an architect trying to get a permit for a property. He insists there are violations from before we bought the property even though (1) the closing attorney said we got clear title and there's nothing about viol...
Greetings All,I've been crunching these numbers and running different scenarios to exhaustion. As crazy as the margins are, it still seems like a good buy. Lots of work is needed, but the spread leaves tons of room to...
Hey everyone! Times are looking little rough right now for a lot of people. But for me? I am in contract with a home that seems to be a deal I’ve been looking for. This will be my first investment and with time like t...
I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years. So far the information about landlord history and income is normal. On their applications I ask for drivers license number and state...
I just put my first unit on the market and I'm getting a whole range of interested parties. Many of the folks who seem like decent potential tenants have lower credit scores. There are many folks in the 600-650 rang...
I have just posted my first rental and am accepting applications. I would like help clarifying when it’s necessary to send an adverse action notice or not. If it pertains to something on a credit check this notice nee...