Ken Buck
Gifting Trailers to Tenants - Any advice?
Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...
Greg Moran
REI is not all sunshine and roses
Investment Info:
Single-family residence private money loan investment in Roanoke.
Purchase price: $58,000
UPDATE(8/15/19): Deal fell through. The property already had another Lein that was not disclosed...
Catrina Alexander
Question concerning first wholesale deal
Hello everyone,
I have a wholesale deal that I'm attempting to put together. Here it goes..
My uncle has been renting out my grandparents' house for many years. They both passed away more than 20 years ago. The h...
Austin Dines
Do you have to live in the home if you use a 203k loan?
I'm looking into using a 203k loan for my first investment property, but i do not wish to live in the home. I've read that you "have to plan to live in" the house you use the loan on, but do you actually have to?
Kathryn Hering
No appliances and cosmetic repairs affect conventional loan?
I'm looking at buying a short sale property so as is condition. The floor in one room is partially unfinished (like they ran out of money to finished putting in the laminate but the quiet walk stuff and whatnot is dow...
Jin Zhang
How to prevent professional renter claim rental is uninhabitable?
Hi everyone, I was reading online about professional renters. Some of them would claim the rental is uninhabitable. When a tenant makes a claim that the property is unfit to live in, landlords must refile with proof o...
Eder Aldana
Help ! Trying to find owners of vacant house?
Hi everyone I need some advice on how to find and contact the owners of a property I’m trying to Brrr.
So I went to the the town and I was able to obtain the tax bill, I found out the property taxes are about 9k a ye...
Dax Kirkwood
Hoarder tenant complaining of mice in unit.
I have an owner occupied duplex with tenants who are hoarders, with a lot of that hoarding being used food/drink containers. As a neighborly gesture I supplied a few traps available from most stores. As a Landlord I d...
Cameron Moore
Should I Allow Dogs In My Rental?
I see this topic asked many times a week. My response is always the same, and it is as follows. Primarily, I will describe certain breeds to my clients as not their tendencies but their abilities. You have to be able ...
Bill Chichenoff
Insurance non renewal
I have a small motel, 14 units , and have never had a claim. This building was built in 1955. Just under 6000 sq ft. Building is cement block and everything is decent. Farmers Insurance pulled out of the hospitality i...