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Here is a hypothetical situation -
I hold a 1st lien position note secured by commercial land. Let's say the land is worth $ 4,000,000 so LTV on note is 50%.
The note is a 5 YR Balloon, I/O due in 5 YRS the amount i...
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I have a snowbird who is currently staying with me. She'd like to return for a similar time period annually, and would like to use her credit card for airline points. I currently have her booked through an OTA and w...
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Hey BP, I had a tenant that decided they weren't going to finish out the lease, and they didn't pay the last month of rent claiming that the security deposit will cover even though the lease clearly states that's not ...
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Hey guys, so I just recently closed on my first duplex about a month ago, just finished renovating one of the units and i'm about ready to rent it out. Posted a couple ads via FB and CL yesterday and i'm getting emai...
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Hello All,An absolute newbie here! I have a partner who has created an LLC in Nevada for flipping houses as they were advised it was best. Ive done a little research and looks like it is more beneficial to create an L...
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Greetings all - after years of success with Cozy, Apartments.com has completely failed with one of my two tenants, and is not helping after numerous emails to customer support. I need a new electronic rent collection ...
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Hey BP! I have a few questions for more experienced guys and I'm hoping for some help. Thanks in advance! Here goes:I have an experienced small business owner in the family looking to get into a new business (fast foo...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,000
Cash invested: $7,000
I purchased this property as my primary residence and completed about 50% of the ren...
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So, I purchased a list of absentee owners and sent out post cards for the first time not really knowing what to expect. For all I knew nobody would call. I have actually received a lot more calls than I was expecting ...
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It appears I may not have selected great tenants my first time around. They paid a security deposit + prorated rent for August, but about 9/3 the payment still hadn't gone through on Cozy. So I texted to make sure the...