Hello everybody! Ive been digging into lease options a bit recently and sort of been doing my due diligence on the "Due-on-Sale" clause. I wanted to get feedback on one court case that I was surprised has not been ...
I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...
Just found out from my local recorder's office that my tenant's failure to pay his federal Income taxes has caused the IRS to place a $25k lien on MY property! There is also another Lien for $5k from a local hospital....
I received a lead on a 6 unit STR property that the owner wants to sell. It has been established for several yrs now and seems like a great performing property but lacking in a few areas like some technology and moder...
In May of this year I told a tenant I would not be renewing her lease due to a variety of issues my PM has had with her, primarily being late on rent every single month and not communicating or responding to his corre...
Hey BP fam newbie here and I was curious how did everyone learn to analyze properties to know whether it was a good deal? I would love to confidently be able to analyze deals so that I can start jumping in. Any book t...
Hi guys!My name is Ben Morand. I am currently a second-year Finance student at the University of Florida with a minor in Economics and working towards a combined Masters degree in International Business. I have been w...
Hello,
I am not sure if this is the correct place for this but I am looking for some advice in what Ocwen may be trying to do. They bought my 2nd from gmac not long ago. No real problems other then them not...
Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
So, im under contract to buy a duplex for $68k, actually nearing the end of the contract period. its kinda turned into a hairy mess. Heres the key notes:- Title company found a $10k judgement against the seller which ...