Good morning BP- I tried a forum search but the concept is broad enough I can't find anything popping up...please direct me to an existing blog post or forum discussion if this is redundant.I'm a Toledo, OH landlord w...
Every lender, whether a bank or a hard money lender, has a list of items they require to close a rehab loan to fix up an investment property. For a hard money lender, here are 5 crucial items that will allow you to cl...
I am a newbie landlord with my first tenants who moved in last week.Today I get an email asking for a list of items to be fixed (from ceiling fan to water heater to hinges on the door). They are asking if they can get...
Still trying to sell my vacant land. Talking to a few agents.
Can someone guide me on the seller's closing cost details?
Do I have to have a lawyer for closing since this is a vacant lot? What are the downsides? Wh...
Hi dear all,I’ve inherited a tenant from a recent property purchase and they are storing belongings in the back of the building resting against the wall and no roof protection. The tenant is probably doing this becaus...
I'm in the process of selling a home. The buyers had a contingency of closing on their place first, using the proceeds for 15% down with 85% coming from a Fannie loan. Their home just closed and they are renting their...
If I buy an investment property what else should I look for other than the deal for the long run ? Can I get hit with back taxes, liens, or potential lawsuits of sorts or do they have to disclose that information? Wh...
Hello BP Community,
I’m in the Phoenix metro area and am looking to acquire my first investment property to flip. To keep expenses down I would like to perform some of the cosmetic work myself. I’ve done several live...
Hi! Perhaps too impulsively, I invested 20k to set up an Airbnb in an HOA governed neighborhood: one of the few left unregulated outside of Boulder, CO, and the neighbors just informed me that there are several clear...
Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...