Ibrahim Hughes
Buyer Agrees to Pay Above APPRAISAL Price - Will FHA allow?
Greetings everyone. I have a property I'm selling where the buyer has agreed to pay $25k above what it was last appraised for 2 mos. ago when another buyer was purchasing using a conventional loan. That buyer initiall...
Mubasher Riaz
How do you keep youre repair cost low on rental properties?
For your rental properties, any repairs to the house do you charge your tenants? Do you pay for them on your own? Thanks
Scott Schultz
Plumbing Stoppage in Multi-family Property. Who Pays?
Hello there. I have an interesting question regarding a 4-plex we own that is on septic. We had it pumped yesterday and in addition to being full, the plumber had to auger the line due to back up. Of course it was gre...
Tom G.
Michigan Eviction/alternative Question
Recently purchased a primary residence (Michigan) that also has a separate 2 unit rental building on the property. Was already occupied at the time. Both tenants told us upon moving in that they would be moving out in...
Susan O.
Mold Issue In Florida -- Tenant evictions?
Hi I'm a small time landlord and been reading BP for while. I just have a 4-plex little apartment in the Miami dade areaI've read a lot of mold posts and I'm not sure what to do with my personal issue with the tenant...
Kim Horn
Seller does NOT want RE agent involved
How do you handle a seller who wishes to NOT have a real estate agent involved with a property you are looking to purchase? If the buyer wishes to utilize one and the seller wants nothing to do with an agent...what is...
Fermin G.
S Corp Employed and Obtaining Mortagegs
Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...
Rene Bee
Contractor wants to be paid in cash
Hi Everyone,My GC want to be paid in cash. Its a gut rehab which will be over $100k. I will not be paying it all upfront. I am not concerned about him disappearing or doing a poor job as I have known him many year...
Matthew Lindsey
Section 8/Housing Voucher Program Landlording Opinions
Hi, Recently I have been thinking about buying some properties strictly for Section 8/Housing Voucher Program tenants. It would fall into the Northern Region of Georgia according to the HAD. My questions are if any la...
Courtney Duong
charge tenants late fee if they pay CAM recon late?
Hi BP,
I manage a multi-tenants retails and tenants have been paying an estimated $7/sf/yr for NNN. So last year 2021 the previous PM did the CAM reconciliation for 2020 and the actually NNN was supposed to be $10. ...