Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
I am currently a 33% owner in a S-Corp that has loans on several properties. My partners and I have agreed to a stock issuance to allow an additional partner to join the company that will dilute me personally to a...
As someone who came from a Corporate background before beginning to invest “intentionally,” I have a tendency to analyze the pros and cons of every deal. Of course, too much of that can lead to “paralysis through anal...
My new tenants on one of my properties signed a lease a couple weeks ago with a move in date of July 1st. When they saw the house my previous tenants were still in the process of moving out. New tenants signed the l...
Hi BP Community, I'm an investor in a few Ohio markets and I'm looking to break into Detroit. I live in New York.My initial research points to Detroit being an excellent cashflow market, almost too good! I would love ...
Does anyone out there have experience buying the right of redemption from people that have had property sold at auction. Any advice on how to approach them? This is in KY if that helps.
I recently evicted a military tenant for non payment of rent. After signing the lease, he and his girlfriend got married and caught the kitchen on fire, all in the same weekend. They moved their dog in, without paying...
Hi BP'ers, I'm in a bit of a pickle and need some advice/ideas.I've been looking at buying a rental with a 15% down 30-year loan based on owner-occupancy. After several real dogs, I found a deal that I really, really...
I noticed an interesting article come across venturebeat today about a new startup that supposedly will make buying/selling homes easier. Being an IT guy and budding investor/entrepreneur, this article piqued my in...
Found a HUD property I am really interested in-3 bedroom, 2 bath 1500 sq feet, nice area, etc. The HUD inspection states the plumbing failed their test. No further info available on this. No obvious signs of water ...