We’re in that time of year when people have long since made their new year’s resolutions—maybe while having one glass too many of champagne—and by now, most or all of those resolutions are in serious trouble. One stud...
Okay, it's time for my first question. My wife's family has a long time tenant, finishing the third of their 5 year leases. The tenant has asked for a 6 month extension in order to stay in place until the new constr...
Hello BP!I wonder if the following financing scheme is legal:An investor has an self-directed IRA that is more than enough to cover acquisition and rehab of a house.The IRA underwrites a 0% interest private mortgage (...
Hey everyone, I talked to a laywer the other day that told me under new federal regulations you still have to release the names of the stakeholders. I thought I would have heard about this if that was true. Is this tr...
I have a meeting on Saturday morning with some inherited tenants who are deaf. I don't know sign language, so I'm wondering if anyone has any tips on communicating with them in a positive, effective way. It didn't s...
Hello,
I am in the process of purchasing a two-family investment property in Camden County, NJ. The contract was signed a month ago, mortgage approved this week, but the existing tenants won't let anyone inside to pe...
Hi All,My wife and I are looking to become small multifamily investors in the DFW area. We currently have a handful of rental properties and want to expand our portfolio. The volume of information to absorb is intimid...
The State of Illinois recently passed a statute into law that allows regulators to examine and publicly report on delinquency rates, as well as take action against lenders whose rates are too high. While the statute s...
Hi BP.In these changing times, what is your single most point of focus now?Second question: Is it different than what you were focused on before COVID-19?
very interested in a SS property in Miami.
Called the agent, left voice mail, no reply.
Called his office, his assistant said I have to call or email him. So I emailed him as well.
He is the agen...