I had a perfect Tennant paid on time every month for one year.Lost his job at the end of 2015. Asked if he could use his security deposit for the last 2 months rent. I agreed. He stayed an extra 2 months after that, p...
Hi All,I am looking to fund some RE investments via private financing and had some general questions I was hoping the community could give me some feedback on.Obviously, the terms around a private loan could be struct...
Hi,First time posting here but long time listener of the BP podcast. My wife and her siblings inherited a house which is in a trust. We are trying to decide if it is worth spending the money on an ASHI Certified Home ...
Hello BP Members,My partner and I are looking to purchase a single family rental portfolio --- currently looking at an 8 property / 9 unit deal. All seem to be in very good condition with the exception of one, which w...
Dear BP community.I was wondering, is there a supervising agency that oversees the work of the title companies? In case a title company makes a mistake, whom can I complain to?Thank you all in advance,Eli M
Dear fellows investors, After a few weeks of searching, I finally got my first property under contract ( Whee!!), a 3BR/2bathrooms townhouse in Birmingham, AL ( C+/B- area). I got it for $115K and the estimated rent ...
I have been slowly growing my buy & hold portfolio and I am getting to the point where managing my books from excel is not the most efficient solution. What does everyone recommend from an accounting software stan...
I have received an income statement on an apartment building I am looking at after requesting the trailing 12 months Income/Expense statement and rent rolls. All they gave me was for October, 2018, but it does have a...
I recently had an offer accepted on a single family property in the Pennsylvania area. It took a little while for my lender to find a appraiser to go out to property. They said it was due to the COVID pandemic When ...
Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...