Manoj N.
Guest overstays. What action should I take?
My tenants wanted their 35 year old son who was originally not in the lease to stay with them for 3 months. I agreed and made a lease addendum to include him for 3 months after doing a background check. That period e...
Kelvin Lee
Eudaly's proposal for landlords paying renters moving fees?
Rent control, taking out no-cause eviction and now paying for moving fees? How about having landlord to cover tenant's medical bills, student loan and auto insurance for next? Since when the City of Portland becomes s...
Mariqus Alexander
Unbudgeted items that can kill a budget.
Over the years, I’ve gotten better at creating a budget that can actually be met. I used to create a budget with the hopes of everything going smoothly. After performing more the 30 plus rehabs, I’ve learned now to ...
Corey Curlee
I think I May Have Done Something Wrong
Good afternoon. I am new to the real estate investing world. Actually when I say new, I have tried several times in the past but to no avail. I wanted to try again with my sister/partner. I was able to get two deals u...
Yolanta Kornak
Should I buy a foreclosed home with tenants that come with it?
I recently found a three family foreclosed house on the market in NJ, a tenant friendly state (being sold as is). It is undervalued and in an B+ neighborhood with great schools, etc. One of the three units is occupied...
Robin Marsh
How is some of my BP friends getting financing?
I’m currently self employed and have two rentals that were BRRRR’s.... my bank won’t refi again and my DTI is too high apparently for another property. (I have a car note of 13k. I offered to pay this off but they say...
Brian Murphy
Wholesaling Commercial Property
I'm a newbie wholesaler and I was just contacted by someone with a commercial property for sale. It's an 8 unit retail building/strip mall. I know values with commercial are based on the property's income, not by the ...
Jeremy Paris
New member intro from Maryland
Hello World. My name is Jeremy Paris and I currently am living in the country outside of Baltimore Maryland. I am originally from Buffalo and during my 10 years in the Army I also spent time in Oklahoma and Alask...
Account Closed
FHA 203k Rehab loan may soon expand to investors
I was just reading that HUD may expand the 203K program to investors.
http://themortgagereports.com/10692/fha-203k-eligibility-may-soon-expand-to-real-estate-investors
Wesley L.
How to help out a friend
One of my buddiest is going through a rough time and trying to keep afloat on his mortgage payments. He's got little to no cash, mostly maxed his CCs, and is thinking about just letting his property go into foreclosur...