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Hi all. I've been searching for a rental property in Akron, Ohio and I found a short sale that looks like a good BRRRR. The main issue? The floors are noticeably sloping on the main floor and the walls are cracked all...
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GuysI have a small add and one person called me to sell a 1969 mobile home, 2 rooms and 1 bathroom. The price that she asks it is a little high and she wants the mobile home to be moved because the owner of the park i...
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Hello all,
Wanted to ask some advice about funding your first property. My plan is to get my first property as a rental by getting a conventional mortgage where I hold the note and then rent accordingly. I would the...
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Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
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Anyone have any inputs on negotiating past-due HOA assessments on a property that I would buy through sheriff auction/foreclosure?This particular property has $15k in past due amounts, and another $5k in attorney fees...
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Good Afternoon BP. Currently searching for what will be my second investment property in the Baltimore county area. Came across a disclaimer in a listing (on a property that passes all my initial criteria with flying ...
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I got a judgement about 3 months ago and contacted the debtor about 2 weeks after the judgement to start collecting. I emailed him yesterday and offered to set up payments or to reduce the debt by a certain percen...
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Hi, I was wondering what people used to track the income, expenses, late fees, etc for their rental properties. I have 5 units currently and am using a word document I created to track everything, but it is getting q...
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So I'm planning on attending tomorrow's Morris county auction in Morristown. I'm going for more of a learning experience to see how they proceed. Anyone familiar with auctions? Any tips or things I should be paying at...
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Hi BP world!So, I have been debating for about a year on whether or not to file a lawsuit for damages against my CA rental property? I weigh the pros and cons and overall it seems like it won't be worth the fight. How...