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I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
One of my rental units never had rats. I used to live in the unit before I rented it out to the current tenant who has been living in the unit for little over an year.While vetting this tenant I found this tenant work...
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Recently a friend of mine (and a client) listed a house for sale. I always like seeing the listings of any property we’ve been involved with, and when I saw this particular listing, I was a bit startled. My friend...
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My wife and I recently decided to liquidate some of our equity by selling a rental home that had solid rental history. We notified the renters we were selling and their lease was ending that month. They took the news ...
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Got a call from my new tenant , been in about 6 weeks . She says there is a big problem with the electric , nothing is working . I was close so I stop by , she is right , no electric . So I break out my tester , its ...
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Back in October of 2013, I was working in Arizona at my federal government job when something happened that I never had experienced before. It was a government shutdown. Admittedly I was angry. I had spent most of 201...
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Hi Everyone,I wanted to take a few minutes to talk about a new resource for Short Term Rental owners. Just to be clear - I am in no way affiliated with this company. Our vacation rental business has been growing fairl...
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I recently sent out yellow letters. I got a call today from a lady who was curious about why I had sent her a letter wanting to buy her property. I began talking to her and the house is a 3 beds, 2 baths house and it ...
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So I hear good things are happening in Dayton Ohio! Fill me in BP on Dayton Ohio on what the buy and hold and flipping scene is like out there...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Poughkeepsie.
Purchase price: $64,000
Cash invested: $100,000
100 year old brick 2-1/2 story home, "railroad-flat" style, ...