Lupe Santiago
Raising Capital through Note Hypothecation
Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...
Matthew Thomas
fannie mae - Can I bid as owner occupier ?
Hi,
Where could one find the fannie mae requirements for owner occupier bidding?
I am looking for a second home in a beach community where I would split my time between my existing residence and the new house. I wo...
Saul L.
Unbelievable Water Bill- Detroit
Since I began investing in Detroit a few years ago I cannot get my head around so many things regarding the way things are done over there - but this one definitely is a contender for taking the cake. End of April I s...
Vitaliy Merkulov
What's your biggest problem with landlord references?
I'd like to know what is your biggest pain point about getting applicant's previous landlord references or giving references?1. Landlords don't respond back to your request for landlord reference. Either you can't get...
Alexander Lang
Lease Agreement - Late Charge and how much to charge?
Hello BP family!So I am a newer Investor/Landlord (since 2014). My question to fellow investors and landlords is how do you charge your late fee structure on your lease agreement, and how much do you charge? My state ...
Amy A.
How to handle nightmare neighbor
Bought a multi-family in May and the neighbor is a nut job.Has an endless list of complaints, some valid and some not.He called the property code inspector two weeks after closing, and I have a laundry list of repairs...
Samantha P.
Inherited tenant from hell
Hi all! I purchased a duplex in Chicago and inherited the tenant from hell. She is running a daycare out of the unit, she has a cat and a dog, her girlfriend clearly lives there with her, she puts her garbage on the b...
Christian Hutchinson
Tenants threatening to rent strike
I have a MFH housing unit. Two units share a washer and dryer. Both tenants moved in within 2 weeks of each other. The Washer and Dryer were purchased brand new in August 2019. The washer and dryer were delivered t...
Lilly Fang
First time working with a wholesaler. I asked for one more walk-through. unhappy
I just started buying off-market properties for BRRR for myself. I usually JV with my partner do flips, but he handles everything. I only contributed financially and gave some design ideas. That says I don't have much...
Dan Griffin
Selling house to tenant while keeping my low interest loan
This may be a basic question -- but I don't know the answer.
I have a house in another state that I used to live in. We moved, but kept the house because we had a 2.625% loan on it -- and there was a possib...