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Hi BP Community!
As a newbie and future flipper, I have been researching and reading up on Hard Money Loans. The piece that I am missing is the process of how the payments work.
If I borrow $100,000 from a Hard Mone...
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Just saw this pop up this morning on Housing Wire. Mixed bag of news on the credit front.Here are the quick hits:- Second month decline in total percent of all credit account in "financial hardship"- Increase in 30 da...
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I'm looking to hire a live-in super or couple for a 30 unit inn in NYS (mostly extended stay). In your experience, what is the best setup/accommodation package so that both parties are happy? We have ongoing projects ...
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I want to 1031 out of an underperforming condo in DC, into a new construction single family home. The 180 day construction limitation is too short for a complete build. The basic theoretical idea is to make a contract...
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Bought a unit a few short months ago, and the tenant I have inherited is an absolute professional. Every chance she gets she weasels around the conditions of her lease. She doesn't void the terms of her lease, she jus...
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After few months of late payments and some back-and-forward, last Monday we had eviction hearing and they defaulted by not showing. I still have Cozy accepting payments, and they have scheduled April payment for this ...
Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...
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This might be just the pandemic affect but I'm concerned that there might not be enough renters at the $3000/month price point on St. Croix. We need at least $2500 to cover costs. So we are seeking a $500/month cash f...
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Received an e-mail this morning from my existing tenants. They have been there for 2 years and I allowed them 2 cats for which they had doctor notes for as companion animals. The letter today had the following element...
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My wife and I are just getting started and excited about real estate and trying to plan out what our first move is. We live in Grand Junction, Colorado and housing prices are very high, so buying a profitable rental ...