Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...
Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
I have a tenant who was 3 and half Months behind on paying rent. We had to wait a few more weeks for a court date, had to wait another business wk to get a writ, had to wait another 2 wks to get a call from the Sherif...
Hello BP,I am looking for some opinions on whether I should lease to an applicant or not. Here is the scenario:The unit is a 3/2 duplex unit for $1550 per month with a $3100 Refundable Deposit. The unit has brand new...
Good evening all,Wondering if anyone has been through a roommate or tenant just disappearing. This gentleman in his 40s, I saw him about 7-10 days ago, then when it came to pay his rent, it never came. The rule in Haw...
Very long story, but my fiancé and I purchased his parents house (I know, good idea at the time). They were going through financial struggles and wanted to downsize. We wanted to upgrade from our previous house as we ...
Hey BP fam, hoping to get some advice here. Issues are Legal & Tax.1) I escrow taxes for one of my properties and just received my annual statement from the bank. My mortgage includes 2 PINs, a home and a parking ...
I have a troublesome tenant who has a history of causing issues and non-payment in a condo on the second floor. The condo is located in NJ.Just 2 weeks ago the condo above my unit had a failing washing machine that ca...
Hello, I know there is a ton of info on here, but there are so many different paths to the same city. I'm an information junkie, I'll keep reading and reading and never get out there. I'm done with only reading, the...
We recently closed on a rental property with an existing tenant. The insurance company just sent notice that they will cancel the policy due to a trampoline next to the house unless we sign a trampoline liability exc...