Joseph Diryawush
Clearing conditions on FHA Loan
I have 2 cars that we are trying to exclude the payment from for dti ratios.
One was owned at $852 monthly payment (this was refinanced to remove borrower from the loan)
this one is giving me a problem because they ...
Darrell D.
Contacting Seller of Large Multifamily
I went to the bank yesterday to discuss a $1M loan for a multifamily unit. I'm planning on pulling the equity from two of my houses for the down payment. I'm very pleased that the bank is listening!I have not contac...
Joseph Koury
Should multifamily managers disclose COVID-19 cases?
Should multi-family property managers (specifically common area spaces and elevators) disclose whether someone in their building has reported and confirmed Covid-19 to all their residents?
Joel Fine
What are the logistics of inheriting tenants?
Hi,I have a question about the logistics of inheriting tenants in properties I'm buying. Specifically about how the leases get transferred to me as the new owner.Suppose I have a tenant who is on a long term lease tha...
Account Closed
section 8 tenants
is there a way to complain about my section 8 tenants in case they are misbehaving and destroying the property ?
Aris Mantalvanos
Experienced newb to BP, Raleigh NC
Hello all,Ready to take it to the next level! I bought my first 2 rental properties at the same time in 2014. Went looking for a vacation/short term rental in the Outer Banks of NC and walked away with a STR and a L...
Jarred Mussen
Good priced, quality Handyman in Gainesville, FL area
Good morning BP! I'm looking for a handyman in the High Springs/Alachua/Gainesville, FL area that ideally is ideally available tomorrow. Does anyone local have any referrals they don't mind sharing?
Derrick S.
Who should manage my S-Corp for me?
I am considering creating a S-Corp to flip homes (so that I can build business credit and leverage it) and the one, big, hairy problem with S-Corps is the maintenance. If you don't have appropriate records and meeting...
Danny Duran
?Chicago’s Residential Landlord & Tenant Ordinance - Subleases (Mun. Code ch. 5-12-120)
BP Chicago Folks—in preparation for my upcoming “landlordom,” I’ve been researching the Chicago Landlord-Tenant Ordinance, “Subleasing” pasted below.The landlord must accept a reasonable subtenant offered by the tenan...
Zander Kempf
Cell tower lease sold?!
Here is an interesting one for you:I have a 4-plex under contract that currently has a cell tower on the roof. Looking at the disclosures, the owners set up leases to telecom companies for the tower and then sold the ...