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Hello BP community. Need your advice. Sorry in advance for the long story!I have a condo unit in Southern California that I recently rented out; however-- on the first day the tenant moved in, they notified me that th...
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This is our 2nd tenant for our rental property and just got a laundry list of complains after moving it. Just minor issues that we can easily resolve but its a little discouraging since we never had any issue with ou...
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Hi I have a Two family home. I live in the bottom unit. Tenant lives upstairs. He hasn’t paid me for this month. I don’t like him at all he has multiple lease violations such as smoking, loud parties as night, and hav...
Okay this is THE most important and slightly lengthy topic that confuses and baffles most, but fear not! For I shall attempt to simplify this topic as much as I can for those starting out to help in building a better ...
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Good morning all,I have been doing gap lending for a few years to a fairly local LLC. They did a few successful flips and paid me according to the contract we drafted, which was good.I have two houses I lent for (prom...
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In an earlier post, I mentioned I was purchasing a vacation rental property in Florida. It took a few months, but we finally purchased a home that closed early this week. The previous owner had several bookings in p...
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I have a situation that I could use some advice on. I just purchased a three flat in Chicago via an FHA loan so I need to move in. There is a month to month tenant in one of the units that I let know on April 28 that ...
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We purchased a home before it went into foreclosure directly from an individual. We used an attorney and got title insurance. We remodeled and have a solid contract. The attorney for the buyer is the father of the cou...
I own a duplex in Los Angeles County. My tenant lives in the unit above me and has been there since before I purchased the property (She is also a section 8 recipient). A few weeks ago, her washer and dryer hose burst...
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Hi All, I expect this is pretty rudimentary to the realtors but we want to make sure we understand our alternatives.We have a closing on an investment property scheduled on Monday the 17th of August. Our option per...