First time new construction project.
I received a document called "Completion and Acceptance Letter."
I have to sign it before the last draw is released. Should the project be 100% complete before I sign this as it...
My tenant wants to leave 1 month early and agreed to pay the last month's rent in full. Can I create a new lease with the new tenant while current lease is still valid ? If the property is rented, he asked to provide ...
It's the long weekend, so my lender is OOO. :)If I buy a multifamily home, and keep one unit vacant (while renting out the others) would I be in breach of my loan agreement? I understand that you have to live in the h...
Good morning from Hawaii,I currently have 1 rental property in Birmingham, Al. My last tenant got evicted for not paying rent. After getting the property refurbished, it finally has been posted for rent. However, it's...
This is for my DC / Arlington / NOVA people.
Here's the story. My brother and I bought a condo last year (March 2013) 5 mins away from courthouse. We both thought we were giving to stay for more than 2 years....
I'm looking to buy a mixed use property. 1500 sqft residential and 1500 commercial.The owner is willing to finance. Details of down payment and terms of financing have yet to be firmed up. I have already meet with a ...
Purchased my first commercial (Industrial) building and planning to segregate the cost to accelerate depreciation. Considering engaging a 3rd party company with their engineer visiting the place. Any disadvantages wit...
So I am reading The Book on Managing Rental Properties and Brandon recommends taking a deposit within 24 hours of accepting an applicant. I understand the concept I think it's a great idea. The trouble is in Wisconsin...
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
Hey guys,
Hope your days are going well.
Is there a form or addendum that gives you the specific right to buy a shortsale exclusively when putting in a cash offer to the bank? (if the bank accepts the offer of co...