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It is my understanding that FHA will only allow rent credits above market rents. We have companies offering 50-100% rent credits how can that be done legitimately?
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Hello:1. http://tinyurl.com/CRE-Bubble-Burst2. http://tinyurl.com/11-Trillion-BubbleThe above mentioned two articles paints a dismal future for Commercial Real Estate (CRE).I was hoping a learned members here who are ...
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I just bought an apartment complex. One of the units was occupied for nearly 30 years by a chain smoker. He had a stroke one week after I bought the place and his family is cleaning out the apartment. SIDE NOTE: This ...
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Sams club has apparently discontinued selling decent towels on line all I can find is white in a bath sheet. Any one find a good score on towels lately?
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Hello, We have some mold on the drywall after some tenants moved out. They told us that they had attempted to wash it away, but it came back. We got some mold inspectors to check on it and they told us that it is prob...
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Hello BP
I need to buy a range for rental property. I’m bit sure I should buy Coil or glass top Electric range.
Please share your experience and suggestions.
Thank you
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One of the main points of contention between tenants and landlords is whose responsibilty it is to pay certain repairs. While most leases have a section related to this, I find that they are very generic and therefore...
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Hi Everyone, On the hunt for my third property, I've been running dozens of properties through our beloved BP calculator. What I've been wondering is, why would CapEx be seen as a percentage of any given rent? Whether...
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Hello BP! As some of you have read my post I am interested in buy and hold properties in the midwest- Cleveland, Dayton, Milwaukee and Indianapolis. I would like to raise more capital beforehand in order to build a cu...
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Hi all,I'm debating which order I should approach things. I currently rent in a high CoL area, which means purchasing homes that will cash flow as an investment isn't really possible. House-hacking would probably o...