Joseph M.
How Do I Valuate a Motel?
hi,I am interested in buying a motel in a tourist destination but I am not sure that I am valuating it well. I am interested because I think I can increase their income because there are so many obvious things that t...
Philip Williams
What is bird dogging?
Hello BP members. I cam across a term called "Bird dogging" for REI's. Does anyone on BP do this and how would someone get started? Thanks in advance for the help.
Rajheim Hunt
Inherited tenants with under market rents. Prop manager questions
I purchased a duplex in Ohio, and inherited the tenants. One tenant is an 11 year tenant, and the other is a 5 year tenant. Current rents are set at $600 and $625. Market rent is about $700. I have a property mana...
Derek Venhuizen
Unemployed Tenant
I have a 3 bed / 3 bath townhouse that is rented to 3 tenants. Two of the three tenants have never been late. The third tenant has historically been consistently late yet always has paid in full until recently. Afte...
Yu Shi
How to sell a land quickly
Hello, I purchased a piece of vacant land in LA county through tax sale. It's been more than a year and I have been trying to sell it. SO far I tried landmodo.com, Land.com, Landcentury.com They all seem not work well...
Robert Jones
HOA Demands I replace my shingles
I received a letter from my HOA stating I need to replace my roof.
The paragraph the HOA letter identified is shown below. I know there are some HOA with other hidden language in their docs that can give them additi...
Stuart Hoffman
Shopping for loans in Ohio. First time buyer.
Hey everyone,I've looked through some of the other posts on this topic but didn't notice anything for my state. I'm brand new to REI and I'm looking to house hack MF; probably a duplex. I've talked a little bit to two...
Victor Vela
When to shop around for mortgages? Before or after making offers
I am wondering what would be the best scenario to get the best rates in a mortgage:
Either contact as many banks as possible before starting to make offers or contact them after your offer has been accepted and you h...
Manco Snead
Looking for OOS Property Feedback- Considering Selling
Greetings,Bought my 1st OOS property (duplex) 1 year ago. Made some mistakes; it needed more rehab work than I thought and I didn't verify rent paid by existing tenants and it turned out one wasn't paying. And I chose...
AP Horvath
Valuation on CRE as cash business without tax returns?
When you are looking at a Mom & Pop deal like self-storage or self-service carwash -- and the seller absolutely refuses to provide financial statements or tax returns -- because they have been running this as a ca...