Jay Dimacali
Commercial medical & legal office building - share utilities
Hi BP. I'm looking at a medical & legal office building for a commercial purchase. A value add I can see is to have the tenants pay for the utilities which would be a great increase in income and almost creating...
T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
Mary Jay
What reason is ok to use to refuse tenant in renting? (Is misdemeanor a good reason?)
Hi guys,What reason is ok to use to refuse tenant in renting? (Is misdemeanor a good reason?)State Florida...
Martin Robertson
Can I rent out houses through my LLC if the homes are in my name?
We recently set up a LLC, but do not have any properties within it yet. We own two single-family homes and are buying a triplex (conventional mortgage with 20% down) in a few weeks. Do we have to deed the homes in the...
Kevin Williams`
How to deal with Drug Dealer Neighbors
Hello BP, I own a property in a quiet neighborhood in Baltimore. The block is filled with working class owners and students...save for one house that has been the eye sore of the neighborhood. These tenants are consta...
Chris Pflum
Sherman Bridge- WARNING- Beware of hidden fees
So I decided to give Sherman Bridge a try on my most recent project. The up front process went well, and I was content with the communication, costs, and process. Closing went smoothly, and my project proceeded.Unfo...
Kyle Soudalan
Why can't we reuse inspection or appraisal reports?
This might seem like a silly question, but if very little changes with a property over the course of a few weeks or months, why does each prospective buyer have to re-pay for essentially the same report? Wouldn't it b...
Kimberly B Bell
Cleveland EDEN terminating lease early-Violence ag Women Act?
I have a property in 44120 zip code. EDEN approved a one year lease-tenant obtained an emergency transfer six months into the lease. Has anyone had this occur? I will request lease up fees and rent ready prep from E...
Sam Elder
FHA Home Flipping Waiver About to End
In an effort to stimulate repairs and sales in neighborhoods hard hit by the housing crisis and recession, the FHA waived its standard prohibition against financing short-term house flips. Before the policy change, if...
Yenlan Patton
Finding texas law regarding tree conflict with neighbor
We have trees on the side of the back yard in one of our rental home, it happened the neighbor notified us that the branches hung over to their roof and demand us to take care of it. So we acted quickly and took care ...