Tom Server
What steps to take while purchasing a property with tenants
Hello, I'm about a month out from closing on a triplex with tenants. 2 of the tenants leases are expiring end of February and the third is on a sec 8 til Sept. The owner has a personal property manager taking care of...
Travis Weitthoff
When Opportunity Knocks...
Hey BP, feel like I have an opportunity here and I need some help closing the "deal". Lets start....I was put in contact with someone that was trying to sell. This seller is 97 and I guess is a fire cracker. She is ...
Account Closed
What does commercial due diligence mean?
When you investigate a commercial property what aspects do you consider? What is important to you when determining which properties to buy or not buy?
Alan Ford
Best Cabin Names (Mountains)?
So in my STR area is Eastern TN, the name of a cabin believe it or not can dramatically increase rentals. I’ve seen it first hand. For example, two identical cabins in almost the same resort - same property manager......
Nirav Shah
Seller hid brother squatting w/o lease and pooping - recourse?
Hi - I just closed on a 45 unit property. Towards the end of the deal the seller would not let my property manager talk to the current resident manager.
The day we closed we learned that the seller’s brother is squa...
T.C. Smith
Property Manager Tendencies
I'll ask blindly. Is it normal for a property manager to move a tenant in without letting you view the tennant to approve/disapprove?
Dennis Osendowski
Occupied Auction.com Property/Hudson Homes
I am just about ready to pull the trigger on an occupied Auction.com property and while I hope for the best I would like to prepare for the worst. Would love to hear others experiences whether good, bad, or ugly and a...
James Carlson
Should I be suspicious of low HOA dues?
Hi BP community. My wife and I are looking at a townhome in Denver's Five Points neighborhood. It's a 1913 building that developers bought and have redone all 11 units. I've lived in condos most of my time here, and t...
Jin Soo
Where can I go to find out everything about a property?
Where can I go to find out everything about a property?
Such as:
-The owner
-Previous sales
-If there is anything wrong with the property
-Loan balance
-Comps
-Hidden fees, liens, back payments
-etc
I know title comp...
Robert Bacher
Screening Tenants
Do you qualify a prospective tenants application first; job, income, references then have them pay for a credit report, background check, etc.? For example, have my potential tenant pay application fee, I do my due...