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I’m thinking about bidding on a property at a state tax auction. It’s a solid investment, Northern Michigan cottage with lake frontage. It will be a great STR for all four seasons or a quick flip depending on how high...
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My tenant brought to my attention that there was a ceiling issue in their unit. I had a contractor come out to perform the repair but not before a piece of the ceiling fell. The issue is the tenant left valuables ther...
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One of the main points of contention between tenants and landlords is whose responsibilty it is to pay certain repairs. While most leases have a section related to this, I find that they are very generic and therefore...
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Hi BP Community!Trying to do my first seller financing deal and the owner is open to the idea, but has 1 concern that I didn't have an answer for off hand. If I buy the property tomorrow, and the owner carries the mor...
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We're purchasing our first rental at the beginning of 2020. I'm funding that through cashing out some stocks and using some savings with a 30 yr mortgage. Hoping things go well and looking to purchase another prior to...
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How early can I serve a notice to quit or file for eviction. Eg. how soon after non payment of rent (should I give them a week or 2 weeks to pay it before serving notice)?
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I own one property in the state of Illinois, a single-family home currently being rented. When our tenants renewed their lease, they were having financial issues and, having been there ourselves, we were sympathetic. ...
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I have gotten myself into a bad situation: utilities are still in my name months after tenants moved in.
I do understand the error and how to avoid it in the future: please don't tell me what i should have do...
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I have a question regarding deed to contract agreements. I am a first time investor and still learning especially when it comes to owner financing. If the current owner has a mortgage out on the property how can I get...
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Hi all! I just closed on my first rental property and was wondering what everyone’s practices, thoughts, and/or experiences were with pest control and termite protection. I was informed that they’re not necessary; how...