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As an out-of-state investor, I am interested in Alabama, specifically in Birmingham and Montgomery. Upon browsing Zillow, I noticed that there are some distressed properties (such as 3-bedroom single-family homes) tha...
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Looking at a duplex to purchase which has a long term tenant pay almost half the median market value. If I decide to acquire the property, how would you go about raising rent enough to make it profitable? It's in cen...
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I purchased a house with an existing 3 yr tenant. The lease states no pets allowed but it sounds like the owner allowed her two pit bulls. My insurance policy won't cover vicious breeds. The tenant keeps up the place ...
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Does anyone have any feedback on buying a property subject to a reverse mortgage lien? Are these lenders more likely to enforce the due-on-sale than lenders on traditional loans?
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With the first month of 2024 in the books, we're definitely seeing a lot more buyer activity in the market as well as increased supply numbers for both single family detached homes as well as condos/townhomes. As we ...
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Good Morning BP,I have a wonderful tenant who has been with me for 8 months now and just reached out to me yesterday that she has to move May 1 as the rent is a littler higher than she would like to be paying ($625 + ...
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I have been using AirBnB for a few months and have really enjoyed it! Now Virginia has passed some extreme laws about writting letters to neighbors, asking the government for permission, registering as a business, et...
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Hi BP,Looking to keep an elder family members property in the family as opposed to selling right away and 'killing the golden goose.' It has been hard to get other members on family on board. Does anyone have an eas...
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Hi BP community,I have a quick question regarding a Coinmach contract for a multifamily property that I am currently inspecting. There is currently a coinmach contract that expired in 2012. As most of you know this le...
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Quick back history.
Bought a twin home in oil boom country so pricing is inflated at this time, and will be for many years to come. I have been thinking about this for a while now to see if it would be feasible.
I ...