Michael Craig
North Country Problems
I will be utilizing a snow remover for the units I do not live at this winter. The snow remover says after he blows the snow he wouldn't mind salting the premise if I provide the salt and it is easily accessible. My q...
Natalie B.
Going from Zero to 6 doors
My husband and I locked up a portfolio of 5 SFHs, 2 duplexes (one is a tear down) and 4 buildable lots (1 commercial). The seller was sick and most of the properties are in livable condition but need repairs and rente...
Leonard Brown
Evasive inherited tenants
Hey BP community. I’m new to the investor side of things and have run into a dilemma. My partner and I just picked up several occupied rental properties in Philadelphia last month. When I completed the initial walkthr...
Stephen Chu
Rent out SFR and ADU out without being owner occupied?
I live in the Bay Area. I would like to know whether one can buy a SFR zoned as a R1 that also has a ADU in the backyard and rent both out after closing, if it would be problematic from a lending perspective during cl...
Jason Malabute
A LIMITING BELIEF MOST BUYERS HAVE
A lot of investors have a limiting offer to sellers when they think their offer is significantly lower than what they think the market should be.
However, people actually value price the least in a transaction (espec...
Presley Reeves
Letter of Intent on Two Properties Simultaneously
I am evaluating a twelve unit property in West Texas, and a 13 unit property in DFW area. I can do one of these deals right now, but not both. Would it be viewed as unethical, or not negotiating in good faith to submi...
Jason Brown
Cash for Houses, good option through hard times?
Buyers that offer cash for houses can be life saving when situations that require a quick sale arises and the traditional route is not the best solution. Cash sales can be the best option during a variety of tough sit...
Kristie McCleary
Can I use a DSCR on a Quadplex?
Good morning,
I am considering purchasing a quadplex that is in Commercial zoning. I am curious if I can use a DSCR loan on such a small apartment building? I know the cost associated with a DSCR is much higher than...
Ellie Narie
Can landlords remove tenant's items that they keep leaving out?
I have some very problematic tenants. I already gave them quit notices and will be filing for an eviction soon. However, they keep leaving a pile of junk (boxes, furniture, etc) out on their driveway. Like, their whol...
Mark Schumacher
Cash Out Refi Before a 1031 Exchange
It's my understanding that performing a 1031 exchange soon after a cash out refi on the same property can be problematic. Any advice on what's a safe amount of time to wait before doing so?