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I own some rentals in blue collar areas. Some houses are notorious for being occupied for 3 months no issues, then late payments, then partial payments, then no payments, and eviction. They cash flow excellently whe...
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Pros, cons?
The realtor I work with found a foreclosure that looks promising if I put in the work. I went for a viewing yesterday, and it needs a bit of work but I can see the potential in it if I buy it for ...
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We are three days away from closing (obviously won’t be closing on time) and I just got word that I, as the buyers agent and one of the buyers can’t be on the title if we wanted to get the loan through Wells Fargo.
M...
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(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
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To anyone who might have experience with this,
Facts:
1. I have a fully executed contract to purchase a bank-owned commercial office condo for all cash, closing next Friday. (Roughly 2-week closing peri...
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Hello fellow members- I have a problematic tenant who pays on time but has created other issues with noise and guests and now, a broken window! In my 20 years of being a landlord for a few properties, I have never enc...
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Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
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Hi BP community, I can't seem to come to peace with myself right now so I'm seeking some wisdom and to see if I'm crazy doing this or I'm just overthinking it.This is a 2-family house in Jersey City (Unit 1 is current...
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A bad review can prevent a guest from booking your listing, affecting directly your revenue. It’s a sign that you need to improve your operations to grant amazing hospitality experiences to your guests.
In our ent...
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Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...