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Hey guys,So my grandfather passed away about 6 months ago and my mom inherited 2 motels totaling about 40 units. Our area brings in people from all over to work at oil refineries on a contract basis for about 2-4 week...
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Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...
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Hi All-Pardon this long post: I had new tenants moving in yesterday morning at 9 am. They were coming from out of state so I had made assurances that the place would be ready. I made assurances because the depart...
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How to proceed if a guest requests a partial credit for leaving early, accepts alteration request, and then pretty much says, "Thanks. We will be leaving in morning. I'll let you know.'
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Seriously considering adding a spa with our pool build in the fall. I see a ton of rentals in the Orlando market with a pool/spa combo. Not that many up here in the Panhandle but I think it’d do well. How do you manag...
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Buying a duplex that already has one lease and one month to month on it. Rent is way below market. How do I go about taking over the leases, acquiring the security deposits that were made, and possibly raising rents a...
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Civic Financial has long been one of the most competitive names in the space and highly active on BP. Unfortunately, they appear to be going through serious liquidity issues and have informed clients that their fundi...
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When is it a good time to take legal action for rent not paid. Is it a certain dollar amount or maybe when you don’t want the reputation of being the one that lets tenants go on rent not paid. Recently had a roommate ...
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I've received 3 applications from 3 individuals who want to rent my rental house. I got the reports from SmartMove for all 3. 2 of them looked good except one with many collections listed and Smartmove recommendatio...
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Hi everyone, I am new here to BP and have just made my first investment purchase in the North Collinwood area, close to Waterloo. I live in Kansas City and I purchased this Cleveland SFR with a tenant in place, the nu...