Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Welcome to our new question of the week! As the newest market and economic data has rolled out the past few weeks, many investors are looking at decisions of how to move forward. Will there be deals in any market clim...
I bought 2 triplexes in blue collar areas. I am very good landlord, I always fix things on time. I'll do extra stuff - for example last week it came down to repair the fridge or buying a new one. I went with buying a ...
I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
So I signed up with a property manager on my NC property. I'm paying 10% for their services. Last month my tenant was late 13 days on his payment. I just assumed that the late fee collected was going to be paid to me ...
I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
Hello BP,
SO as I am searching for property, I am wondering how this will affect prices, and the overall state of real estate.
Should I move forward and purchase or hold off for potentially better deals?
Current situation, I rented a duplex out to a single mom with kids two months ago. She's on section 8. Section 8 pays 100% of the rent. I received a letter from section 8 saying that she got married so she'll need ...
I have a tenant in my first floor unit who has been late every single payment for 11 months in a row with every excuse in the book. However, they always end up paying right before the legal timeline for eviction. Does...