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I'm looking at purchasing a hostel (similar to motel) that's been in service for 20 years, has a great reputation, thousands of 5-star reviews and has excellent cashflow. The thing is, I live an hour away and would n...
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We are newbies to private lending. We gave an 'interest-only' promissory note to our borrower a few years ago. Now our borrower has refinanced through a mortgage company. The title company asked us for a payoff dema...
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How would you get cash flow, and sell for a profit, by using an FHA loan to acquire a 2-4 unit property? I am trying to figure out how to make this work, as in, what I need to do to be able to make cash flow, and to l...
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I have a very strange situation.
I was taking reading on almost everyday to see how fast the numbers are moving.
2 days later it showed 200 Gallons
6th days 700 gallons which is too high since we did not do laundry an...
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Hello BP Community,
My name is Jonathan Youse, I have recently moved back to my hometown of Columbus, Ohio from CA. Currently my wife, daughter and I are living with family and saving steadily each month to leverag...
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Just completed my annual walk through of a townhome and encountered my first hoarder experience. Not quite to the level of reality tv but still absolutely not okay. Garage had trash bags stacked 4 ft high wall to wa...
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Hey BPers,Looking for some advice here on moving forward with a lease termination properly. I have a tenant that moved into one of my rooms on Sep 1 on a M2M lease. Attached to the lease is also a property rules docum...
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Hello!Is it possible to list an apartment that I don’t own on AIRBNB, VRBO, etc? How can I use an apartment that I’m renting to create extra income?All of this assumes consent from my landlord. I just need to know if ...
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Hi folks. Got a question about a tenant who I would like to have move out of my 3 unit building. A little background first, this tenant started a bedbug breakout in the house (I know I can not evict for this reason, a...
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HI all, the propane water heater in one of my units needs to be replaced. It looks like my tenants will be without hot water for a few days while everything gets worked out. Should I offer a rent reduction or somethin...