I'm under contract to purchase a 41 unit POH MHP and a 24 machine laundromat.  24 of the units are currently rented.  When I originally met with the owner, it was obvious that he wasn't going to have great records.  M...

Hi All,I am a long distance investor and have all traditional long term rentals with property managers managing them. I am currently renovating a three unit building that would be perfect for MTR as I know there is a ...

Last month (March) most people worked most of the month so when April 1st rent came due rent should have been collected for the most part.  This month at least in my state people have been unemployed/furloughed for al...

Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...

For the experienced mortgage note buyer....My question has two parts:1.If I am purchasing a non-performing note do I add the arrears as fees to collect from owner when modifying the original note?Just a scenario:last ...

The City of Austin has entered into a pilot contract with Seattle-based company, Host Compliance, to provide data on short-term rentals in the city. A Code Department memo issued July 19 this year reports more than 10...

I own a rental property in Buffalo NY and I’m an out of town landlord. I have an ex tenant that owes me $4500 in back rent. My property manager did file papers for eviction but when her lawyer went to court they made ...

I am putting together my first multi family deal
I need advise how to structure the deal with investors.
I am bank fInancIng 75%
I wIll be putting down 6.25 cash and I wIll be brIngIng In 3 more Investors who bring 6....

Hello BP!

I’m just getting things started and want to get into ‘buy and hold’ properties to bring in some additional cash flow.

My wife and I have a decent amount of funds set aside, but I was wondering if it makes ...

I negotiated with the realtor and whatever Investor I bring can purchase the turn key property or assume the mortgage. I also negotiated with the realtor to get her commission down on this deal. There's only about $12...