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I have a friend who had a tenet that moved out but had a roommate that was not on the lease. It was February and in Central NY a cold time of the Year. My friend the owner let the roommate stay feeling bad for him. Th...
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Hello all. I was looking for some advice on the following. A lot of oversimplification below, mostly for clarity. Market is San Diego. I'm currently purchasing a STR with a business partner AND I'm looking to build a...
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Hi everybody,So I have a home I came across that the owner of the home died and he had no will. He also had no children or wife either. All he has is his parents and 2 brothers/1 sister. All of the family want nothing...
Fellow BP friends,Please educate me on how to grow from 2 to 100 1-4 family rental properties. I get bogged down around 10 in the feasibility on the financing end. I would plan to outsource management until it became ...
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Does anyone know whether IRS liens can be wiped when foreclosing on a Residential Note?
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As life goes I got busy and did not get a chance to post about the flip that I sold in April. This was definitely one of my more interesting projects as it was the largest rehab I had handled up to that point and the...
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I just bought a VERY dilapidated hoarders' house in Covina for the low 300s. 1114 sf 3/1 in basically tear-down condition. I spent over 10k on the clean-out itself. Due to extreme mold, fire, smoke, and water damage, ...
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Hi, Anyone have any experience with replacement cost insurance?I'm considering it on my 4 houses in west Philadelphia. I currently have a landlord policy with Allstate that has actual cash value. The quote I got with...
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Hi all,I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one gar...
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Hi All,
Long time lurker here; I just want to make sure I'm playing this right. I have a unit in my 4 Flat where we just leased to the tenant in August. She was separating from her husband and flew through the scre...