My husband and I own 6 rental properties. His sister and 3 children moved into one fully intending to pay rent. However she fell ill, lost her job, and has not paid but a few months rent this year. Of course my questi...
Hi Guys,What has been a deal structure that has worked for some of you guys on a typical single family home flip? Can a simple 8-10% loan work vs giving up equity and how is the investors money treated in a scenario ...
Hello,I'm very new to this but would like to try to find some more information. I am someone who has bad credit (unfortunately) but I would like to try and get into flipping houses in Central Oregon. I'm a general con...
Leased a 3b house to a tenant with good credit score, no prior evictions, $150K salary (wasn't true). Tenant lived there for 9 months, usually late paying rent. Always lying and making up stories. He didn't pay rent...
Hello all,I do a rent by room strategy outside of Denver proper, and in the past have been burned a common denominator of two tenant that I allowed co-signers were not a good fit. One tenant in particular that was a n...
Once a borrower becomes delinquent on his or her mortgage, that person develops a negative attitude not only about paying the mortgage and his or her general finances, but also about the whole idea of homeownership — ...
I often use BP to either post about the worst tenants or read other landlord bad tenant stories. It really helps prevent me from getting overwhelmed or over frustrated. Keeps things in perspective and makes it easier ...
Hi BP family!
I have inherited a tenant that has cancer, smokes and has pets. I spoke with her yesterday because she was nice to pay the rent for this month. We are going to meet this weekend, and since she lives mon...
Hello BP!We are considering purchasing a distressed home - it has a pretty bad mold problem. We planned on gutting the entire house down to the studs anyway - my question is will this go a long way to solving mold iss...
New to buying and selling notes. Is there a general rule of thumb on selling partials for performing and NPN and Sub-performing notes. Which partial strategy works best for the above note class. Looking at just sellin...