I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant. The tenants pay rent on time and treat the property at the minimum acceptable level. They punched a hole in a d...
I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...
Lonnie Deals are financial boomerangs:I want to tell you about one of my favorite deal structures: the Lonnie Deal. That’s when an investor buys a mobile home on a rented lot for cash and resells it, offering owner fi...
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
I'm currently in the process of refinancing a 2 family house which has two 4 bedroom 3 bath units in it. There are a shortage of multifamily comps in my area and the comps that were used are all 2 bedroom 1 bath two ...
Flipping my first house and first time dealing with sub-contractors. The electrician that gave the best bid wants 50% up front. I balked at that and he said he can do 25% up front. He said he doesn't want to fund i...
I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...