Hi all,A friend of mine moved out of their apartment in the San Diego area and moved into another apartment across town. The landlord was given plenty of prior notice (over 30 days early). The unit was already in go...
Hi Everyone!I was just wondering if anyone had used Colony American or a similar company to re-fi or purchase a SFR? I had previously looked into a similar lender a year or so ago and I think I remember they wouldn't ...
Hi BP Community: We've recently purchased a 4plex in South Carolina with inherited tenants. One of the tenants is late on rent and we're awaiting a court case for eviction (they are dragging their feet to try to stay ...
I had a borrower come to me with a request for a hard money loan this week. We are asset based lenders, so we lend primarily on the value of the property, and not on the ability of the borrower to pay us back. However...
This clause was in an application I filled out: "If the Applicant cancels this application after three (3) calendar days, Applicant will be liable for damages based on per diem rent for the monthly amount for the apar...
Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...
Hi everyone. I'm purchasing a 4plex in Southern California with no rent control and want to know how soon I need to sign new M2M agreements with existing tenants. Of course, I would like to add a rent and security dep...
CA just passed a Statewide Rent Control ordinance as part of their renter protection plan, Minneapolis is working on similar regulations. How will this affect how you invest in California? I’m curious as Minneapolis p...
5.5 recommendations on getting a good AirB&B review, and getting them to actually leave it!I'm new to AirB&B rentals, so someone please post better recommendations for me below!1) Communication. Let them know ...
Hello Everyone!I’m closing on a 4 unit in Little Village next week. I have rentals in Cicero and always charge security deposits. However I’m leery to do so in Chicago. It seems too risky with the current laws. I’m d...