Henry Lazerow
FHA increases multi unit limits for 2021!
New limits. These go in affect after Jan 1. The biggest change is to 4 units which are my personal favorite type of building for cashflow and house hacking. The self sufficiency test still applies to 3/4 units but man...
Carlos Chavez
Tenant Disappeared, how to deal with eviction
Hi, looking for some advise...
Tenant is behind on rent, tried working with tenant during the pandemic on a payment plan. Beginning the year is nowhere to be found, although all their belongings are inside the house....
Madison Holland
Fix and flip single family residence
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $80,000
Sale price: $90,000
Under contract for 90,000 cash. Will be closing first week A...
Aaron Lawson
Hoarder Houses - How and when to approach?
Good Morning All,I'm looking for advice from people with experience on the personal side of purchasing a hoarder house for renovation and resale. Has anyone had any luck moving forward with an owner who lives in and o...
Mike Palmer
Update notice links to start of thread rather than last post read
Hello:
I am new to BP and just learning how it all works, however I have found one thing very frustrating. When I subscribe to a thread, every time I get an email alert about a new post, it links to the beginning of ...
Enrique Martinez
Old Tenants son, potential squatter...
Old tenants son has junk left in our yard, furniture left in the house and has his work truck left in our driveway. The tenants have moved out but son was suppose to be cleaning out the house and yard but hasn't and ...
Eva Fox
Please help older lady with an advice on saling rental property
I am coming over here for very needed help with very difficult problem .I am in my senior years .My question is about gain taxes strategy in my complex situation .The property , condominium in prominent Hollywood C...
Chris McKenzie
Evicts tenant: Move items to storage or leave in house?
I have a tenant eviction tomorrow in NJ. Does anyone have a thought on either moving their stuff to storage versus leaving in the house for them to remove? My understanding is they have 30 days to remove before it’s c...
Naftali Tolibas
Requiring Renters Insurance in the Lease
So I am currently working to close on my first Duplex and called for property insurance. The insurance company recommended that the renters get renters insurance, and that it should be on the lease. I'm not sure if th...
Prayag Patel
Tenant is not at the property but their stuff is there
What to do when Tenant goes without paying for 2 months and now is Missing and not staying at the property but has left all clothes and other stuff in there.