Hello BP community, I've got a serious issue. I'll try to give details while maintaining privacy. Right now, I live in one side of a duplex, my tenants live in the other. I also have a small shop on the property that ...
Hi BP Community,I am in the process of learning syndication still and the big question I had was about the debt. Do syndicators take recourse or non-recourse debt? If you take recourse, will the manager personally sig...
I am seeing an increasing and alarming trend on our site, yes it's our community! People have become down right rude and nasty. I may not agree with you, but I am NOT going to personally insult you for having an opt...
Legal and illegal money. Where do we draw the line or where should the line be drawn for us? I have plenty of friends using money to fund their projects and really, have no idea where the funds are coming from. Lender...
I have three young tenant applicants (room-mates) who each have only one previous formal tenancy. They have otherwise lived with family. I prefer to check with two previous landlords, so I intend to call these family...
We fired one of our property managers a few weeks ago and are now hearing about issues of negligence and possible criminal activity with missing tenant payments and/or not properly handling security deposits. Because...
I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...
I have a 4 plex that I am buying on a 20 year owner carry with 7% down. It is due to close tomorrow and a tenant eviction hearing is the following day and there is no security deposit in place for the problem unit. T...
Investment Info:
Large multi-family (5+ units) other investment in Billings.
Purchase price: $285,000
7 Residential, 1 Commercial distressed property purchased in May, 2021. Rents were $495-550/month for...
Has anyone ever gotten a complaint from a current tenant about a neighbor terrorizing their property? We have a tenant who is stating the neighborhood, unsurpervised kids (around ages 7-9) have been stealing and vando...