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The following article was posted in CNN Fri Dec 2, 2010. I have to say as a casual observation, that in Warwick NY we are seeing an uptick and buyers walking into the office. Many are still sitting on the fence, but ...
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Hello Fellow BP-ians,I just bought a 18 unit property in Ohio. This property is currently a run down property in a decent neighborhood. The property has 4 vacant units that I am going to turn around in another month o...
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I'm trying to find a few individuals who have use Delta Build Services, and/or Build 2 rent. I was hoping to get some feedback on them and found very little when searching on BP. Any experiences or thoughts would be ...
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I purchased a short-term rental property a couple years ago that requires crossing another landowner's property for access. The landowner informed us that there is a no legal easement to our property, and we could pos...
Hello,I've just recently found this community a little over a month ago and have been listening to the podcasts non stop ever since. In my hunt to acquire as much knowledge as possible as a 24 year old and recent coll...
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Property Description: SFH in Austin, TX; 3/2, 1200 SFBackground: My father is retiring and moving to the beach. He and I have had conversations about my desire to own rental properties and have discussed me purchasing...
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Talked to a motivated seller today in Southeast Michigan. Owes $260,000 on the mortgage and the property is worth about what he owes maybe a tiny bit of equity but not much. PITI is $1580 per month. I'm positive he...
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What do banks look for? Are there any loan officers/underwriters here that can chime in?
Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...
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I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...
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I am about to close on my first rental property. 4 units, 65k, rents at 550/month/unit. I have several questions that i probably should've started asking a week ago. I believe all the tenants are month to month. Can I...