Hello, I need some feedback, please. Do I need an attorney to represent me on a delayed financing process? I bought a building cash and I am fixing it. In the meanwhile, I want to pull cash out so the building only ...
What do you do to get a copy of the lease to your new (or extended) Tenant's? Do you scan and email it, print it and mail it, hand delivers it? Anyone use a mobile scanner to get it done right away with their laptop? ...
Do I need two separate insurance policies?I have a 3 unit multi-family rental in Michigan. 2 units are in a duplex, and the other unit is separate (it looks likea single family home next door, but is actually on the s...
Hi BP community, This isn't the first time I'm doing a cash buy for properties, and I have never purchased a survey for properties before. However, this time it is different, I am buying a trustee sale. Should I purch...
Looking for thoughts…I was approached by a contractor to partner up on deals. He is looking to source deals for me. However, he wants me to still pay him the rehab cost for the project and then split the profit with h...
I have a 4-year tenant living in a no-pet building. They texted me 1 year ago to say they may not want to renew their lease because they were looking to get a pet in the future - and to also to point out another tenan...
Hello BP,I just got a new commercial loan in January for a 36-unit property that I acquired. I want to know can I get a new loan from a different bank in a year? Which document/s do I read to find out if I'm going to ...
Hi,
I am in the process of analyzing a potentail investment of 4 unit rental. The place seems to be decent. The rental income and expense seems to be favorable. Howevever I am not sure whether the figures are correct....
Hey BP fam,
I've had a home in Denver for 8 years that I have recently torn down to build a duplex. This is the last item outstanding before I can receive my building permit. The city is holding my building permit u...
Hi friends!I'm in Snohamish County, WA. I have confirmed with the county that an D/ADU is permitted on the property. The HoA says no. Here's the thing:- State and local government permits ADU's and the structure we wa...