To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves. New England Journal of Medicine just published a case report of the di...
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Hey BP Nation!if you could rent out your primary residence, but would negatively cashflow approx $200/mo to do so, would you do it? Is there ever a point where the cashflow loss "makes sense" for you? Specifically, I ...
Hi all,I used to have a STR in JT and one thing that I realized is that travelers are looking for EXPERIENCES and UNIQUE, INSTAGRAMMABLE highlights when looking for an Airbnb. I want to know what are some of the MOST ...
Hi,My name is Shalom Wininger. I am new to real estate and am trying to start off by doing fix and flips. I did research into it and am very familiar with it and how it works. I just have no experience at all. I am ...
https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...
Hi
I am considering loaning money in a situation where I would be getting 35-40% of the profit and also a preferred interest rate on my money. This would more so be a partner situation so not lending to stri...
Let’s face it… Renters -usually- rent because they don’t have it together. They are hard on rentals, with lousy pets, smoking, violence, lack of cleanliness, out of control kids, you name it. I’m learning this the har...
I am looking to build a 5-15 unit multifamily complex using shipping containers which are fully built from China.After having read dozens of articles about building multifamily using shipping containers I am convinced...