Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
If YOUR party loses-How will YOU react?
This is NOT meant to start conflict! The below is my personal experience only and I DO NOT expect others to agree! I would like to hear others views and...
Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...
Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
I am reading the book now and it is lots of fun. I have no experience in mobile homes whatsoever and really wonder:
- Are there still Lonnie deals out there?
- when he talks about buying single wides for $2,000-3,000 ...
Hello all,I am currently in a situation where one of our retail property tenants is refusing to acknowledge and pay late fees as stated in the lease. This property is a family property and until recently it was manage...
Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
I just purchased a 4 bed 2 bath 2004 Mobile Home on 1 acre with a Septic system and permanent foundation. It had a 100k mortgage at one time. I am expecting to have around 25 to 30k in it and probably try to flip or...
Hey BP,It’s been quite the year for sure... putting COVID aside, I can say I’ve seen and heard some pretty amazing stories from investors here on Vancouver Island. We personally have transitioned from purchasing Turn...
Hello BP Ninjas,
I'm looking at a 10plex renting for 500 per unit fully occupied (zip 36303 AL). Seller wants 500k with 10% down on owner financing. Term will be 30 year but balloons at 3 years if I dont fi...