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I booked a rental at a Northern Michigan lake house recently, and now that I'm an expert, I naturally had much to critique. This was a 5 bed, 3 bath house right on the water, and more of a house-hacking STR vs. a prof...
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Hi BP,Although I’ve only started in real estate investing, I’ve been reading books on tax and legal protections. In protecting my investments, I’ve learned the importance of the first and second defense, home owner’s ...
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Hey Forum - I'm wondering if you have any advice/comments on how to handle a situation where a tenant who was delinquent also filed for Bankruptcy, I was just told by the PM that they received a Notice of Bankruptcy a...
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Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...
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I just started reading 'Landlording in Autopilot' and just read about having great tenants take over cosmetic projects such as replacing carpet. In the book the author states this allows tenant to take ownership in th...
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When putting a listed property under contract for a wholesale deal, what is the best way to prevent the listing agent from circumventing and stealing any of the buyers/funding partners? NCND agreements seem to not wor...
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I get why 30 year loans are best, and I'm not posting to debate that. I'm trying to achieve it.
I've called 10 different banks mostly small or local credit unions. I can't find anyone who gives 30 year loans. I'm pur...
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MH and I just bought a 3 family at the end of October and kept all the tenets.1: Woman, boyfriend, her son & grandson - mother to 3rd floor tenet.2. Couple with 4 children.3. Woman, boyfriend, their son & boyf...
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My partner and I are currently working on a triplex but I am having some difficulties justifying everything because of the SOW. The Triplex is in pretty rough shape, there are two units which are stacked (upstairs and...
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So we have a number of properties that are managed by primarily to PM companies. Both of the companies adjusted their agreement where we did not have to add them to the insurance. We have one particular company that w...