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Okay, I'm having a hard time understanding how draws work with a rehab loan from a hard money lender. The way I understand it is: I have to pay for the work initially. Then I apply for a draw and provide invoices. ...
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Hello BP,
Yesterday while I was doing a final walk-thru on one of my rentals. I noticed a property down the street was vacant. I knocked on all the doors in the area and one neighbor told me that the homeowner was ...
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Hello BP, This is a tough subject and I am looking for some help from my peers on BP about how to best handle the situation. I just had my manager call and let me know one of my tenants passed. Supposedly the son had ...
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I'm purchasing a multi-family (2 unit) home out-of-state and working a property management company that will act as dual agent and the property manager post purchase. Where do I have opportunities to negotiate a bette...
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Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
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I am planning to invest out of the country. sending money to Mexico, I would like to get recommendations of what are the legal / tax implications of sending money to other countries, my goal is to invest this money in...
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Good evening y'all! My wife and I recently bought our first rental property with a good potential ROI calculation. We met with a potential property manager this afternoon and we were a little surprised by the amount...
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OK. So we just could not afford our Laguna Hills, CA house anymore. The kids were gone, the electric bill was massive, the neighbors were awful...so we figured we'd rent it out and find something smaller/cheaper to re...
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I just purchased a triplex in Dorchester with 2 tenants in it. One of the tenants reached out to me, and what started as a friendly conversation quickly escalated out of control. The tenant first mentioned issues she ...
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Can someone please tell me why certain areas, aka St Louis, is a good city for renters? Is this based on income, unemployment rates, amount of properties available, etc.....I am a current landlord in St Louis, but thi...