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Hey BP Fam,I have a property owner that is willing to let me assume his loan. According to the rental numbers provided by the owner, the property cash flows at about 2.8% of rents and is currently 100% occupied. Does ...
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Hi all,
My first post in this group. :)
I manage my own long term rentals. Part of my process is to email or hand the potential tenant an application to fill out (with pen) and they will either scan and email back t...
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This is the 2nd tenant I've had this problem with. The lease states that I can enter the property with proper notice (48 hours), as can my contractor, assignees, realtors, etc.
I notified this tenant a week ago that...
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Hi everyone,I thought this could be an interesting/fun topic. I'm about to close on a home. I know what design I "could" go with. However I'm polling YOU.. the BP crew to weigh in on my decisions and tell me if you ...
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Many investors, especially new ones, tend to focus on property rehab so they can sell and move on quickly. They tend to be wary of the “buy and hold” facet of the industry, where rehabbed properties are leased to rent...
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So I just wrote my "masterpiece" (at least, I kind of think so) on due diligence, which I would recommend checking out if you're interested in that subject. And that got me thinking about what other investor's best du...
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Hello,
I want to get other peoples opinion on this. I'm in the process of renting my home in the Tampa bay area. I have an interested party but they've disclosed that they are shortselling their home. I ha...
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I’m a first time buyer that lives in Queens New York thinking about investing in Evansville Indiana was wondering if anyone has invested in that area and has any information that could help me thank you
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Hello BP family.4 months ago I rented to a young man and did not do my homework. (lesson learned). There is no lease, he rents month to month. The first 3 months went pretty well. Rent is $850.00 a month. This include...
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I’m looking for advice on how to BRRR a commercial property in the most effective way. This property is under very poor management and slightly distressed. Appraised at $550k, but with some tweaks and rent raises, I’m...