Account Closed
Buyer Insisting on THIRD walk through
The buyers of our house are threatening to delay our closing time if they don't get to come in for a SECOND final walk through.Buyers—first time home buyers. Conducted inspection one day. Sewer inspection another day....
Joseph M.
Are there any tax implications to pulling out equity?
Are there any tax implications if you get a line of credit or refinance to pull cash out of a property to invest in another? From my understanding, pulling out cash through a refinance would have tax implications. Can...
Jeshua Patrick
Does Section 8 acceptance affect income standards
I am converting a Townhome I own and lived in for the last 2 years into a rental. I have had several potential tenants ask if I accepted Section 8. I have told them that I am not set up to do so yet; however, I am con...
Jared Carpenter
Syndication audience advice
Hi all!Many of you have provided valuable feedback to my many questions regarding syndication, what the different stages entail, and setting a deal up a deal from ground up - thank you kindly for that. As I continue ...
Sam Leon
do you "survey" your tenants?
I wonder how many of you actually talk to your tenants after they signed the lease and asked "why did you pick this place? How many other places have you visited and what's your impression of those properties? Etc...
Chan K.
Looking for Home Insurance in Massachusetts
Hello BPers,Looking for an insurance agency or carrier to help out with my multifamily. I have a few buildings in the Massachusetts area: some 4-plex and 6-plex.I used to have NREIG / Affinity carrying my whole portfo...
R Mendoza
Help Analyzing this deal for me
I came a cross a dealARV 150k On the low side can be more like 175k3bed 2 bath 1471 sq ftAsking 99kRehab 60k My offer will be 70k (is that to high?)Looking to get a hard money lender. Not sure rate yet. Maybe will brr...
Luiz Souza
LM FEE ILLEGAL
Got a phone call from my Agent today & according to a meeting he had with both of his brokers if you are not a licensed mortgage broker or realtor you are breaking the law by negotiating a SS in the borrower's beh...
Jon Singleton
Complaining neighbor
Neighborly Love
Ok, the situation I am having is a bit different from the norm. I recently had my tenant move out while still under the lease agreement, so I understand that the first thing I must do is to ...
Scott Dixon
Hello BP community from Champaign, IL
Where I am from:
Originally from a tiny town in north central Illinois called Tiskilwa but now I live in the Champaign/Urbana area very close to the University of Illinois
Background/Goals:
I am a agricultural eng...