I apologize in advance for the long post but I want everyone reading this to have the details. I have a turn of the century triplex in old town that is fully occupied.  My sewer line for this property exits out the ba...

HI Everyone...Just joined BP  - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...

Hi BP community, I am in the midst of buying a 3 family property, the list price is $440.  My initial offer on the house was at $420k, which was beat by an above list offer.  Lucky for me, the offer from the other par...

Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...

My partner and I just bought our 5th SFR since starting here in 2011. We purchased it from a bank for 42000 intending to rent it at 800/mo which is very much possible based on our other homes. We put 5000 into re...

I am newbie to commercial real estate and study this recently. I plan to purchase out of state commercial property with NNN lease. Per my understanding, for NNN lease, it is leasee's responsibility to handle all maint...

Hey guys,I have a tenant I had to replace a toilet for at the beginning of the month due to their child flushing a number of toys down the toilet.  I paid the plumber directly with the understanding the tenant would b...

Hello,

Resident wants to break lease because they want to buy a house. I told them no.

Their lease expires April of 2020. They then asked to leave in January, but also pay the balance on the remaining months on le...

So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...

HI BP,I've run into a little problem with 2 adopted tenants from an existing owner.  The first 8 months they were great, paid on time, no issues, etc.  As of the last 3 months they have been a nightmare.  One has defi...