BP members, I am looking for some advice on a significant real estate shift that I am looking to undertake. Presently I have 2 SFH overseas that have cap rates of 6.5-7%. They are new homes built in 2007 that have...
Hello. I’m a new landlord and am currently renting my basement. The tenants were very friendly upon move-in one month ago, but changed very abruptly. Laundry facilities are shared and we offered to set up a schedul...
Hi All I would like to get some advices to how to handle the situation of tenant not paying last month's rent . I have a lease that is going to be ended this month . The lease clearly stated that tenant can't use secu...
How are property owners in Mass dealing with nonpaying tenants?I have a “tenant” who is in my unit even though the lease expired last month. I gave close to a 60 day notice of non-renewal for the lease. They claim the...
Hello everyone,Here is the rundown, I could really, really use some legal advice on this urgent matter I am facing today, please!I am house hacking and renting a bedroom out in my personal home. Home is in AZ. I wor...
The goal of this discussion is not to push any negativity among private lending operations that have started over the past few years. In fact, "mine is one of them". What we want to do is identify and explain how quic...
When and how do you "release" a private mortgage with a payoff from a buyer? Does the escrow company handle this? Is it possible to get tricked into releasing it without being paid?I have a construction lien on a prop...
According to The Wall Street Journal, NYC renters owe more than $1 BILLION in UNPAID rent as of January 2021. An estimated 185,000 households are behind $6000 in rent. In December, Mr. Cuomo extended New York's evicti...
I was showing one of my vacant apartments to potential tenants and was inquiring where they were currently living. They gave me the address they were supposedly living at which was around 2 miles from where my apartm...
Hello, I am back to the BB forum after a few years. Also back to the RE market in general, hoping for a solid advise ref Chicago market and WHP in particular. Thanks in advance!I own a vacant lot there, free and clear...