Purchasing a $1MM vacation condo and the Seller noticed that we're splitting the hefty $15,000 HOA Transfer Tax 50:50.  He wants us to pay for all of it.  He just caught this right before the loan docs are being drawn...

Thinking of partnering with local substance abuse recovery nonprofit to find and run some single and multi family transitional housing.  I am under the impression that the group would manage the houses, collect rent, ...

 I have learned after about 10 years of landlording that sometimes the worst tenants are the ones who never complain or ask for anything. They either ignore problems, or they use some stopgap measure to deal with prob...

I'm looking at an off market deal which is a 3 story, 7 bedroom with a bathroom and kitchen for each level. Needs lots of work, but the electric, plumbing, and roof all been redone this year, and its a nice brick hous...

Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 ...

Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked ...

I closed on my second rental property 6 months ago, a 4 family in the Boston/Worcester/Lowell area in a C neighborhood. 3 units are doing fine, but the fourth unit (inherited tenant) has gone from bad to worse and has...

So I have a student rental (Temple University) with 3 young men living in a 4 bedroom/2 bathroom house. I've been managing this rental with them for the past year and a half. They are good nice kids, but they don't kn...

Hello BP Community,Well I am official, I purchased my first house to flip two days ago.  Yay!!!  As I start to look at what sub-contractors I want to use I wanted to see if anyone has a good base template for sub cont...

Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...