I have a buyer that wishes me to find her a home. She as seen my rentals and knows that I can find good deals. She has good credit and is a very reliable person. I am wanting to pick up a foreclosure for 80% of ask...
I'm in a nonjudicial state so forgive me if my questions don't make sense.
Is this correct: In judicial states, the lender files the complaint and lis pendens. And then, assuming all goes well for the lender, they ...
Hi all, I am a fairly new landlord in northern Virginia, and have been renting my 2 bedroom town home for the last two years. I just had new tenants move in and within two weeks, the closet shelves in the master bedro...
Hello all, I had repairs done in tenant's unit and they had a meltdown over damaged property. Tenant still seems to believe I am responsible for their personal items. (We've had a prior incident but tenant dropped it ...
I met a guy at club meeting. He said wants 4 family apts to rent out. He gave me what he wants with rent and profit.
I found a 2 family apt with the financial parameters he wants.
Do I ask the end buyer/inves...
I recently purchased a property acquired via foreclosure auction and wanted to use a Hard Money lender. I found that many lenders create a which comes first chicken or egg challenge. In the State of Connecticut, the c...
Hello fellow BP community!Does anyone have any experience and advice regarding Change Orders that were completed prior to and without approval from the Owner?I recently received two rather large change orders on a fli...
Hi all,How do you normally handle tenant payments that are made to the previous owner after closing and before you can notify them of ownership change and new payment instructions? We asked the seller to notify the te...
We are selling a REO house we bought 5 months ago. As we going through the closing process, the title company found out that there was a loan that was taken out by previous owner that was never paid off. The loan wa...
Hi Investors!
What effective ways do you use to collect rent? Has any of you used PayPal? I collected the earnest money from one my of tenant via PayPal and I found it really convenient. The money transfer from the ...