I raised tenant's rent from $4,500 to $5,000. Probably should have sent official notice right away but was a more personal relationship so took 3 months, maybe more, to pin them down as they ignored or didn't show to ...
Apartment was rented to tenant A and B as roommates (individuals). Tenant A paid entire security deposit on Avail platform, using ACH. After move-out, tenant B tells me he wants 100% of security deposit refund returne...
Hi everyone,
I'm in the process of buying a triplex (foreclosure). It looks like it's in very good condition and should be move-in ready. I will be using FHA Financing.
The problem is that the bank gave...
Hi guys,I made an offer to purchase off market residental RE. It was accepted by the seller. During the due diligence period I got an idea that probably my price was too high and I should offer a smaller one. Is there...
I came across this clever saying that most landlords will agree with:
It won't help a young man much to be one hundred years ahead of his time if he is a month behind in his rent.
Correctly guess who made that state...
I have a seller who is very receptive to the idea of seller finance.
Let's say she she agrees to the terms, etc. (which I feel she will)
Now what?
Hey everyone! I have a dinner this week with a seller, and I need to create confidence in them to agree to seller financing the deal.What tips should I consider for "selling" seller financing?
Hi all...I know someone who has purchased a few np-notes and he "self-service" them instead of hiring an actual servicing company. I have recommended him to use a servicing company but he says that it is NOT a law req...
Hello BP Geniuses, I am in the process of buying 2 apartment buildings from the same owner in Eastern Canada. This is my first multi-family purchase and each building has 12 units. My wife and I can get the financing ...
I understand the whole option process, but for the life of me, I don't understand why a seller would option their house out for 2-3 years. Most people would just want any money they had in the house right away so the...