I had filed an eviction on an inherited month to month tenant for non-payment (late on rent 16 out of 18 months) and also gave them a 60 day notice to vacate at the same time I had filed the pay/quit notice. The evict...
Does it ever make sense to pay "rent" in a multifamily in which you are an owner/occupant? I am curious how an owner-occupied unit shows a rent history if the owner does not pay rent.Is there ever a business justifica...
Maybe I’m just venting but I have 3 bed 2 bath. The two smaller rooms share a wall I live in one and I rent the other to a part time DJ. When I interviewed him he said it was all through his headphones, which is ‘most...
I found a guy that has an assumable loan. We called the bank together and he discovered the assumer would have to use the house as a primary residence. Are there some similar alternatives so that I could take this h...
Would it be possible to some how structure a 203k loan through an LLC on a quadplex, of which all 4 partners would occupy each unit as their primary unit? Rehab it, and sell after 2 years - pay zero cap gains collecti...
Hey BP!I'm flipping a SFH in the Arlington Area of Jacksonville (32207) that I bought for cash. The property isn't going to be able to go on the market until at least mid january, meaning if it sells immediately we wo...
I purchased a property at the height of the market in 2005. We lived in the property for 5 years and started renting it in 2010. Original price was $445k but in 2010 they were going for more like $360k. My tax guy tol...
Hey BP community,I just sent out a few thousand letters to absentee owners for the first time, and got my first angry call. Apparently I used the guy’s wife’s name and he was unhappy about that, threatening to “come f...
Do you need to send a itemized list or damaged and unpaid rent to your tenant after they move out if they were evicted and have a judgement from the courts against them? I know normally you do within 30 days along wit...
I'm sure most of you are familiar with Hubzu, auction.com and a few other auction sites. My question goes more to what you may or may not see in your own markets. Lately - say the past 6-12 months - I have noticed a l...