Hi BiggerpocketsI have a seller that purchased a property in 2001 with his girl friend at the time. They broke up in 2005 and she has since stayed in the property.
The original mortgage of 80k was in both their name...
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I'm currently working on a project where one of the investors is looking for a 9% cap rate on a few multi-family properties (b and c class). To me that seems a little high considering the cap rate isn't normally that...
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I have a tenant that seems to have a knack for breaking things. Ever-since he moved, he has been calling me every month sometimes multiple times to complain on broken things. I recently had to replace the HVAC system ...
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So here is the scenario:First Lien is $150,0002nd Lien is $40,000FMV: $80,000Borrower is 120+ days late on both mortgages and is in Chapter 7 Bankruptcy.Assuming the Property Taxes + Late mortgages there is about $20,...
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I believe I miscalculated my ARV and contracted a house for too much. I may have to get out of it. I have a clause in the deal so that's easy, but I'm soooo embarrassed and hate to tell this old lady I can't buy her h...
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Tenant screening is one of the most important parts of being a landlord and I think talking to the potential tenants previous landlord is key to accepting vs not accepting. What questions do you and can you ask the ap...
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Hi-- I've been using AirDNA to analyze a potential market for STR's and very much like the product. Can anyone attest to the accuracy of the "Rentalizer" tool?
Overall it seems like a great tool to get a picture of a...
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This might be a dumb question, but I am having a difficult time opening a checking account for my self directed IRA.My custodian advised me to set up a bank account with my SDIRA as the Member (owner) and myself as th...
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We have a pretty good tenant who is interested in purchasing the property. We had a PM for 1 year, and just terminated our agreement with PM last week - wanted to learn the business more on our own. I went to check ...
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Hello all,
Is anyone familiar with Dayton, OH area?
There seems to be a lot of activity there (literally tons).
Also, multifamily home prices as well as SF's seem inexpensive.
Just wondering...