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Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
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Hi all, can someone give me some guidance on splitting the lot. I have attached a conceptual diagram for reference.I am adding a new detached structure to a lot with existing structure in the front. (Still in the perm...
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I've had it with my entitled, complaining, disruptive tenants. They have the nicest unit I own, not the most expensive, and complain more than my 11 other units. The final straw is a leaving a note threatening violenc...
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So, just to be as detailed as possible, we found a 5 bedroom, 2 bathroom house for rent. $1,300 a month and $1,300 deposit. When we contacted the lady who was renting the house, all seemed great. She seemed very nice ...
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I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.
I've been told recently by someone that there are bidding wars on Fannie Mae properties now...
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For anyone looking to buy their first piece of real estate, STOP (unless it is a four-plex with an FHA loan). I did this 2 years ago and it was the best financial move I have ever made. If you start buying other prope...
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I've been looking into the possibility of tiny homes, airstream, or something similar as an AirB&B spot to plop down somewhere... Interestingly, someone has got creative, and is leasing out their tiny home to some...
Hi all! Looking for some help from experienced landlords. We had tenants move out at the end of June and we were stuck with a huge damage bill. The total amount of damage is close to $18k, which far exceeds their se...
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I have been at another forum writing about "creative financing" at the Creative Financing Forum.Here is the intro:It is the spring and I thought I would give a primer on "creative financing" for the BP community.I wil...
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I'm a realtor/investor from Richmond, VA. Looking for some mid-term rental thoughts. Quick background: I currently rent 3 doors long-term. This would be my first crack at a mid-term rental.I've got a property that I'd...