I'm just starting out. I have an offer on a duplex. I'm set to receive the rent rolls and lease agreements. What steps did you take to verify the information? Did you bother with estoppel agreement?Were there other s...
I'm an agent with a short sale. My client, the owner can no longer keep up with the mortgage payments since her tenants who were renting the detached converted garage stopped making payments. They are also refusing to...
Hello,I recently purchased a property at the auction in Virginia on May 28. There are people currently living at the property. The previous owner informed me that he had filed a chapter 7 and 13 bankruptcy for whic...
Hello, this is one of my first posts. I am a beginner investor seeking to buy my first duplex. Numbers look great, both units are currently occupied and both tenants wish to stay. However, one tenant is currently cove...
I moved into a condo complex in April 2018. At that time the reserves were around 180k. I became the president of the board in Jan 2019. I am now looking over financial records from 2015-2018. Our reserves went from $...
I just bought a property at a trustee sale and am now the legal owner. There were squatters that we paid to move out and now the property is vacant. According to WA law (RCW 61.24.060), "The purchaser at the trustee's...
Hi BP folks - any Quickbooks DIYers out there?I just started doing Quickbooks effective 2014 and got some help from a bookkeeper to do the journal entries from the HUD1's to add the rental house assets I purchased thi...
So I'm having an issue where a previous resident of one of my rentals (they rented before I was the owner) is still using my properties address as their primary residence. There has been license address change card...
A few months ago I hired a property mgmt company to take care of my rental. I knew that the tenants were not going to be happy because this company is really strict with their housekeeping rules and the tenants ar...
Realtors, I need your help...First of all, This is not an offer... I only want feedback.Sometimes you sell houses that are fixer-uppers. If you sold that house and then referred them to renovation company, and they ag...