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Results (399)
Lisa Mauritis Help with Property Management Company Negligence
1 April 2018 | 5 replies

I have a condo in south Florida.  I wanted to rent out the unit and then a flood occurred.  A pipe in the condo association main drain back up and caused a sewage flood to enter my condo through the shower drain.  The...

Jim McGovern Texas: Excess proceeds in a foreclosure vs a bank REO sale?
16 March 2022 | 4 replies

I know that in Texas if a property with only one lien against it is sold at a foreclosure auction for more than the amount of the loan being foreclosed upon, then the excess is paid back to the owner who was foreclose...

Account Closed Don't be an idiot investor!
16 June 2015 | 10 replies

Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:

Emanuel Blando Local Governments Restricting STRs
22 May 2023 | 39 replies

On 5/3/2023 the City of Kansas City, MO announced that Short-Term Rentals will be completely banned in ALL residential zoning!  I had not taken it seriously until I read a couple of articles outlining their plans.  Mo...

Nicholas Bolcon Underground Oil Tank Found During Inspection
12 November 2020 | 20 replies

Hello BP community, Some Background: Currently had an offer accepted on a Duplex in West Warwick, RI.  Just did the inspections on Friday and found that there is almost definitely an underground storage tank (for heat...

Kristine Eickman If you deny borrower...
14 July 2016 | 11 replies

This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...

Regina Bailey Chicago Residential Lease Agreement 2023
9 March 2024 | 77 replies

Hello Everyone,Does anyone have a copy or know where I can find the Chicago Residential Lease Agreement 2023 Application?Thanks in advance.- Regina

Jacob Reeves Private Money Deal Structure For Short Term Rental
27 October 2021 | 17 replies

Hey BP! I’m 22 and a rookie investor. Currently just soaking up as much info as I can before I get started. Here’s my situation...I have a very wealthy investor/mentor that I’m confident will partner with me. I’m in T...

N/A N/A Minimum monthly profit
1 August 2006 | 11 replies

What is the minimum monthly profit you look for in a rental property?
I am looking for $400 a month on a duplex, is that reasonable?
What other ways can you benifit from a rental property?

Francesca Baglio Is a Septic Inspection necessary on a foreclosure?
1 August 2017 | 10 replies

Hey BP!

I'm about to pull the trigger on my first deal. It's a foreclosure, so I can't have any contingencies with my offer. Before I submit my formal offer, I'm wondering how important it is to do a septic inspectio...