And two more big institutions go down today. Lehman Brothers is just plain dead. No buyers, I guess, unless the feds are willing to guarantee them. A Sunday trading session to let the big players unwind their posit...
I was scheduled to close on the sale of my NYC property on March 31st. One day before the close date the buyer called me up and said he wouldn't be closing. He gave invalid reasons why he couldn't close (Title compa...
Hi everybody! Just want to ask anybody here who has the experience with this sort of thing. We live in CA, Los Angeles county to be exact,where there is a current moratorium on evictions due to Covid. My new tenants h...
Tenant started to paint apartment walls (I gave permission), peeled back some old paint around a window, and noticed the wood window frame was rotted. It appears to have been damaged by water some time ago, but the ar...
Bought a SFH at the end of last year. Off market deal, had a tenant who owner said , "has not paid rent in 6 months, and i dont want to deal with the eviction process." I got the house for an awesome deal. One of my b...
Would love any input on the best way to pull cash out of a property after paying cash. We like the ability to move quickly by paying cash but are concerned about having our money tied up.
I would very much like to hear from BPers who have had lengthy, crazy contracting (by this I mean putting it under contract, nor rehabbing lol) and closing proceses on their properties.I'm currently "in the middle" of...
Anyone have any takeaways from your own experiences that may apply? Creative strategies, wins, nightmares are welcome. Nuanced situation. Context:A house on our family farm is soon to be vacant. My extended family sti...
Hi all,I just wanted to get your opinions on flipping to grow faster vs holding . This year I've really doubled down on investing and have about 7 rehabs I'm currently doing. Three of them are flips, while the others ...
BP,I am looking at a deal in a college town with an enrollment of about 12,000 people & a population of about 25,000 people. What are peoples thoughts on investing in college/university towns? IMO, our education s...