Ru Monsell
Getting Title Insurance on land purchased at tax deed auction
Last Sept. I bought a residential parcel at a tax deed auction in upstate NY near Albany. I hold full legal title, and wanted to sell quickly. I had an enthusiastic buyer all set, but it feel through because her lawye...
Joseph Hazen
Month-to-Month termination process
Hello,My tenants are on a month-to-month after the original one year lease expired, and recently texted me saying they wished to move out next month. Do I need a written request from them, or can they just leave witho...
Leila Moussavi
Private Investors Deal Structure
Hi there!
I'm a new real estate investor looking to invest OOS in MF for cash flow in KC, Indianapolis, and Columbus and Cleveland. My parents are willing to fund my deals and are able to pay all cash for properties....
Samantha Klein
Inherited Tenant won't communicate, need help!
Hi, I bought a property last week and inherited a single woman in her early 20s, she's renting a 1 bedroom apartment for only $375, market rent is $475-500. I'm stuck with her right now as she signed a 1 year lease Ap...
Scott Hansen
What is to stop an investor/agent from scooping my find?
This may be an ignorant question, but if I approach a real estate agent to help me make a purchase that is also a real estate investor, what is to stop them from jumping on any deals that I come up with?
Marissa Carroll
Third Party Utility Billing Companies
Hey BP Community! I'm trying to get some things sorted out for a first buy and hold property. It's a duplex and I will be living in one unit, so only one will be rented. I plan to have the tenant pay for all utilities...
Yonah Sturmwind
Waterfall Model
I am trying to model a deal for someone involving a silent equity investor (LP) with a waterfall analysis, I do not have much experience with that type of modeling. The LP is providing 90% of the funds and the Princi...
Christine Stevenson
Seller Improperly Repaired Siding
Hi! My husband and I were first-time buyers and just closed on our house a few weeks ago in Virginia. Since we moved in, we have found numerous undisclosed/concealed defects in the home (e.g. gap between slab foundati...
Christian Malesic
Sec 8 Holds Rent
We recently learned a tough lesson. I provide the basics here so you do not have to go to the school of hard knocks as did we. You can go to BP school.
In our area, once Section 8 does a walkthru inspection, the re...
James Beam
Closing on an all cash deal
Hi Guys, I currently have 4 commercial rentals that I purchased last year that houses my business (purchased from my old landlord). I obtained a commercial loan for that. However, now, I have the cash to purchase so...