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I am planning to use private money (close friends and family) to help fund the rehab portion and some of the purchase of a BRRRR. To transfer funds, is it as easy as signing an agreement with them, then they wire fund...
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Question: a student moved in to my student rental on June 30th. I let her move in a day early because she was traveling on July 1, free from rent for the 1 extra day.
Yesterday, she tells me her father was diagnosed ...
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Hi! BP people,
I was unable to find an answer for the following question. I own a Townhouse (no mortgage), which is being rented. I was wondering if I can do a HELOC ? I understand that banks ...
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Hello!My husband and I are negotiating what could potentially be an awesome deal for a 6-unit rental property. Obviously there are a lot of financial aspects to this decision that we are working through, but I have a ...
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So I just wanted to tell my story a little here, it's a long one and I have already made mistakes. This is long, I have a TL:DR at the bottom. About two months ago I started this journey. I have been wanting to get in...
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Hi All! We are OOS investors in the Columbus market and about to close on our 20th unit. We wondered if it's standard practice in purchase contracts of SFH to allow a seller to stay up to 30 days in their home before ...
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Hi seeking advise. But I g property in westchester. We found the house of our dreams after 2 years of looking. we were happy to find out we were approved for a mortgage. Locked in at 5%. Saw another similarly nice hou...
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I manage a large house that sits on around 25 acres of land with a private lake. On the other side of the lake there is a small cottage. Before renting the owner mentioned he'd be coming and using that cottage when he...
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So, I have 2 tenants leasing a 2 BR. One of them walked out of his job 2 months ago and won't pay his share of the rent or contribute to cleaning the apartment in any manner. The other tenant is covering the rent, b...
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Here we go! First month's rent rent up front. Second month's rent paid on time. Third month an email to say it would be late. Paid four days late but they didn't pay the late fees. Fourth month was due yesterday. Not ...