Hi all, I've been a bit nervous recently since I am closing on a 6 unit multifamily deal which has a 5 year fixed rate of 4.75%. Furthermore, future rate increases are capped to a certain percentage.
As rates are goi...
Story coming out of St. Pete , Florida. Looks like its about note investing, or at least touches on the issue. Not 100% sure what happened here.http://www.tampabay.com/news/business/realestate/a...
Why does my signature no longer include all of my information like phone number? It only has my email address.... @Mindy Jensen
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
Hi BP Community! I hold a number of 4-plexes in my personal name and am considering selling them to purchase a larger multi-family property. The larger property will be required to be held in an LLC. If I am the only ...
So we have some private investors in our rental business LLC. The loans are unsecured. My account says that I do not need to file a 1099-INT because I am not in the trade or business of lending. I was just wonde...
I would like to report Xplicit Home Loan (https://www.xplicithomeloan.com/) for fraudulent activity. I saw their Facebook post promoting their quick collaborative mortgage service and decided to try it for a property ...
Without disclosing personal details as to why, basically I am letting a friend's son stay at rental house I have, for free for a bit. I am not charging him rent. He is the only one living there. He is reimbursing me e...
Hey everyone! I have a bedroom rental that has been great, love everyone there except for one guy who has just caused some major issues in the house but it’s such an unusual situation I have had a tough time deciding ...
If you have a minumum multiplier to qualify people on income, e.g., income must be 3X rent, how do you make the calculation for a tenant using a section 8 voucher?Also, if you are using one standard set of criteria to...