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...
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...
Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:
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...
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...
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...
Hello Everyone,Does anyone have a copy or know where I can find the Chicago Residential Lease Agreement 2023 Application?Thanks in advance.- Regina
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...
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?
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...