When someone engages in a seller financing transaction, what are the standard stipulations? Loan term? Balloon payment? Interest? What about taxes? Does the owner continue to pay property taxes? I am looking at ...
I have found a few wholesale deals that should apprise well above the price that I found them for. For example, one triplex I have found is for sale at $140k and I estimate that it is worth at least $200k maybe even 2...
Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
So I'm in the planning stages of a full rehab in Portland, OR. I'd like to describe the agreement that I came up with for what I believe is an equitable split for the proceeds and see what some more experienced rehab...
I am considering going from charging a refundable security deposit vs non refundable fee ($40/booking). If I go with the non refundable fee would I use a liability account?
Hey BP!Could really use your advice on this one. I purchased a duplex property and inherited tenants (a couple) in one of the units. They had lived in the unit for 18 years before my purchase and I have now held the p...
I have a tenant who has been living in this single house for 7 years. During these years, he was always pay rent late and refused to pay late fee. This month, he has not pay and did not even the reason. Back in mar...
This week I received my first negative review from a guest.
I understand that this is part of the business, but I'm just wondering what coping mechanisms does everyone revert to when this happens? Do the airbnb revie...
I recently contracted a landscaping company to do a complete overhaul at my rental. Today, the tenant contacts me unhappy that they were using Round-Up as it contains glyphosate. Trying to reassure her, I sent her lin...
I am very new to real estate and 18 years young. I am thinking about buying my first property, and if it would be possible if I partnered up with someone where they are qualified for the loan and I took care of rehab,...