My opening statement is: I have finally walked the plank, closed a HUD foreclosure a on December 9th, and have been wading deep into this project. Ive talked about doing something like this for awhile now, but lacked...
HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well...
Looking for ideas on how to handle this situation at a small multifamily property. At this point I'm uncertain what, if anything, I can do legally. The young female tenant is nervous because of odd behavior of a mal...
Hi all, just started listening to the podcasts & decided to join the site today. Looks like there's a ton of great information here. My name is Steven Darrow and I'm a relative newbie to real estate investing -...
I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
Hello BP community!I have read many articles and have even noticed as an agent the slowdown in rentals these past few months. I have very solid tenants and I always increase rents in my properties. Granted, I am very ...
Hello all! Been a while since I've been on, but I'm looking to get active once more.Situation: My significant other bought her house in San Diego in 2006 and survived the 2008 crash by refinancing with an ARM that had...
Is anyone currently supporting themselves primary with cash flows from syndication as a passive investor (or contemplated doing it)? If so, how have your stress tested your returns to ensure sufficient cash flow duri...
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...