Ricardo White
IS THIS MY FIRST EVER DEAL?!?
This is my potential first deal: Owner has a lien on property of 19k (owner financed) Lien Holder never received mortgage payment from buyer. The Lien Holder is my mother (sweet right) so can I wholesale the note on t...
Bienes Raices
"Early termination of lease without penalty"
My lease, which I bought from a lawyer about a year ago, has a clause "early termination without penalty" where the tenant must give 60 days notice and pay an extra two months rent fee in order to move out early (Two ...
Anthony Varner
Rent 9 days late - Tenants gone! Texas
Hey there, anyone who can help, thanks in advance. My tenant is late 9 days and I haven't seen anyone there in a while. It's a duplex - I'm upstairs, they were downstairs. The thing is - she told me they were havi...
Ryan Knutson
Owner Occupied with existing tenant
Hello All,
I just took over a new property and plan on living in one of the units for awhile. The current tenant was currently on a month-to-month lease agreement and I plan on keeping that the same when I move in ...
Jon Sirkin
Raising the rent What is the max on rent adjustment"?
I am purchasing my first mixed use commercial property. Average rents are 6-7 one tenet is 4. Once lease is up what would be accepted for a lease adjustment in price. would 5 be over the top?
Cristal Ochoa
PennyMac Loan Transfer to LLC
Hi All,I was wondering if anyone has had experience with transferring a PennyMac Loan from your name to an LLC. We talked to a lawyer and they said the lender should be able to provide documentation that "due on sale...
Camronn W.
Adding value to Raw Land!?
I would love to hear opinions on different ways to add value to vacant land!? Look forward to hearing ideas..!
Robert Littke
Types of Ownership
I have a client who owns a 10,000 sq. ft. Flex building that he developed two years ago. He occupies about 3,000 sq. ft. and has been unsuccessfully trying to rent out the other portions for over a year.
Part of the ...
Christian Valencia
Non Conforming Triplex
Hi BP Community! I wanted to get you opinion on potentially purchasing a triplex with a nonconforming unit. We’re in the process of purchasing an off-market deal. Our realtor, seller’s realtor, and seller claim the p...
Kelly Arthur
What is entailed in getting a 2 family re-zoned to a 3 family
BP Family, I am putting an offer in on a nice 2 family in North Jersey. It's zoned as a 2 family and needs a lot of work but is in an area that gets good rents and a nice neighborhood. Since I'm already doing the work...