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Hi BP community,
I live in charlotte NC, and I am a W2 employee. I just purchased my first property with a 2nd home loan in Savannah Georgia that I am running as a short term rental. I believe this is considered acti...
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Ran across this deal on the MLS. Side by side 2bd/1ba, B location in West/Central Denver, listed at $450K. I did a quick analysis and cannot even get it to CF. I ran it as owner occupied 3.5% down financing, and as...
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Hello all,I hope all has been well! I have a situation at my rental property that I need professional advise on.The facts are as stated:1. Friday 6/17, I get a call that the 3rd floor toilet is leaking into the 2nd fl...
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Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. . I had t...
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We have a customer on our site who has a significant amount of paid listings she has paid for and posted. In order to show her how committed we were to her order, we have marketed her properties heavily and the result...
Hey all,
I am buying my first fourplex and am trying to decide how I want to manage it. Has anyone here used Cozy? It seems like a great tool and a fantastic price. Any positive or negative feedback?
Thanks!
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I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
Hi everyone I come here for answers since the sellers agent does not have one for me . So I found a short sale property contacted the agent and tried to make an appointment for a viewing but unfortunately was unable t...
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Bought a duplex in Memphis with two 3bd/1ba units, nicely rehabbed, from a turn-key "passive" investment firm. The units are going for $650 each and the market is around $750. I have not had a tenant in either unit ...