I am the owner (Inheritor) of a building that used to be a bar in Phila. Pa. Someone is interested in leasing the property but it needs appx. 70K in work to get it where they want it. I understand I am obligated to pa...
I'm looking at a renovation project that I would live in for a couple years. The bank requires a licensed contractor to do the work but I can work under him for whatever I want to do myself. The guy I have in mind s...
Ok - Looks like the NY Post called the election for Obama . . . seems like the rest of the nets are tiptoing around it. So, I'll stand behind the Post and call it for Obama.
[UPDATE - It is official - McCain is in ...
Hi everyone! I'm from Michigan. There is a rental we have in metro Detroit area that has deadbeat tenant. She had been a problem from day one. Rent stopped in April but the request for repairs didn't. She requested me...
Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
http://www.deseretnews.com/article/700052800/As-spending-by-wealthy-weakens-so-does-economy.html?s_cid=Email-1
There are some stats for the recent quarter ...
Wondering which tenant application looks less risky financially? Neither have rental history as both owned...
Applicant A: Retired Couple
Income to rent from social security & workers comp = 3.7x
Income less ...
Hey all, there's so many areas that I could be investing in and I'm not sure how to focus my attention into one area. I'm interested in Airbnb, multifamily, single family rentals, RV parks But I'm not sure how to just...
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
I’m making the switch from multi families to commercial. I’d appreciate thoughts on this deal:Medical building priced at $1.9M. Tenant just signed a 7 year lease at $14,667/month with two 5 year options and 2.5% incre...