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So i've come across this situation for the 3rd time in 3 years of landlording. A tenant has financial issues and starts paying rent a week or two late every month. Then they tell me they are moving because they can't ...
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Hi BP! My first post. I love this site. What a fantastic community and source of knowledge! I am an investor/entrepreneur looking to do something in a commercial property niche I can't find many resources about: tr...
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Of the little marketing I've done so far just about all the responses I've received have been from absentee landlords of properties with tenants who will either finance no more than 70-80% if at all and won't take as...
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Hi, first post and newbie!
Mom is retired and owns 2 properties (est worth $1.8m) free and clear without mortgages (yay) BOTH UNDER HER NAME ONLY. I currently live in one house with my young family and she lives i...
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Hey everybody. I am looking into purchasing another multifamily and wanted to ask the seller to carryback 10% of the loan to help with the down payment. But when I checked with my lender, they only will lend with a ...
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HelloI am in the process of selling a 3 unit residential investment property and would like to do a 1031 exchange on the proceeds to defer capital gains tax. Here is what I would like to do and i'm wondering if someo...
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I have been trying several ways to ask for owner financing and most of the time, I get a "not interested" message from them.Based on your experience what has provided the most results?This is what I usually sayWill yo...
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Dialysis Dr seems to be abusing the covid regulations. I would have dealt with him sooner, but had a partner prior to covid. He has used his security deposit and hasn't paid rent for January. His rent is always late o...
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We have been seriously looking at properties for the last 6 weeks and have offered on 7 so far. I know it is a competitive market and we are making offers at or above asking in most cases but will need to finance wit...
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My grandfather is 85 has a bilevel home he had built that is free of mortgage.
He has been getting door to door offers to sell — as is — for very low offers as the home is 70 years old and needs repair.
In effort t...