An interesting issue has come across my desk and I am curious if any other LL have bumped against a similar issue.
The general concept, tenants move in on a run of the mill standard annual rental contract. Tenants...
Hey guys...so far it's kind of been crickets on offers I've submitted for fix and flips. I know that a lot of people submit as many as 20 or 30 offers before they will get one accepted. REO's around here are ridiculou...
Scenario:Double wide mobile home is caving in in one side...Is it the owners responsibility or is the mobile home park owners responsibility?Who has to fix it? Who gets left with the bill when the deal is over? How lo...
I purchased a 2br 1b home and have a renter in place to move in Sept. Please help me break down where the income from the property should be put? Here are the numbers.
Purchase Price
$22,000
Loan amount (purchased...
Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan. They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022. Due to this, they ...
I rarely open the auto forward emails I get from MLS criteria I setup with RE brokers. Opened this one on Tuesday and saw a house for sale, built in 1997, 5 Acres partially zoned agricultural, 3 bed, 2 Bath, New Pool...
Hello fellow BP community.Sorry this is long, but I need some feedback.This involves a single family 3Br, 1Ba Connecticut Colonial short sale (4 lots; total .66 acres). It reflects committing the cardinal sin of crea...
Hey guys , I cant figure out how they can be asking the prices on foRclosed properties that need alot of work and updating.I went to look at the following property scenario.
1. property is a forclosure
2. sold in 200...
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*This link comes directly from our calculators, based on information input by the member who posted.Newbie here. Looking for duplexes near me in Oregon has proved enormously frustrating....
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $185,000
Cash invested: $55,000
Sale price: $274,000
2 bed, 1.5 bath home with 2 large Living Areas, open conce...