Andrew Clark
All Cash First Time Home Buyer
I have bought and sold real estate using partners names but never purchased a personal residence.
I found a great deal on a home and will be paying cash at closing in about 2 weeks. I do not know where to turn for ...
Matthew Rodriguez
Creating cash out of first deal
Hello BP community! I am trying to do my first real estate deal and am wondering how to structure it. I have found a property for $295k in a nice neighborhood with an ARV of $385k the seller acquired through adverse p...
Mehdi S.
$1.9M - $147K NOI - 7.50% Cap Rate - 64 Units - D Location & Tent
Hello, What are your thoughts on the following structure below. I've also provided their Trailing 12 for your viewing pleasure as well. Based on absolute $0 negotiations and with 25% Down payment, the loan would be $1...
David Stott
Failure To Pay in Rochester, NY
I’ve got two tenants who are not paying their rent, and it seems I have no recourse with courts closed.
What are you doing to take the upper hand and repossess your properties? And I’m not thinking payment plans e...
Alexander Kostrubiec
Is it legal to airbnb a owner-occ unit in an owner-occ 4flat?
Hello everyone. Thank you for viewing my post.I'd like you to consider the following situation: Imagine you own an owner-occ FHA loan 4flat residential, you have the 3 other units rented out to tenants, and 1 owner-oc...
Marci Stein
Late fee 10 percent of rent ?
About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...
Nathan Gesner
Racist Landlord from Hell
Racist ‘Landlord From Hell’ Tortured Tenants During Pandemic, Lawsuit Says (yahoo.com)
How does someone become such a bad human being? It's hard to believe he's lasted this long.
Ed O.
Another post on Rates. Where I'm at & Where are you at?
It seems like the rate environment has finally crested for sure. Previously, I borrowed where my rate was the 5 year treasury plus 2 points. When the 5 year treasury fell too far, the bank doing this told me they were...
Joe M.
Justice Served!
On Friday justice was served, and the little juvenile delinquent who broke into one of my rental properties had his day in court. To bad for him it didn't turn out so well.
Apparently the evidence against him was so ...
J Scott
Right to Die
Thought this was an interesting article:
http://www.cnn.com/2009/WORLD/asiapcf/08/14/australia.right.to.die/index.html
I know that most people here believe that the government should have absolutely no control over ...