Good Morning, I had a question regarding a situation. My tenant got into an altercation with a guest he had over during the night. It resulted in his guest trashing the basement unit, them getting physical where marks...
Hi everyone! We are currently running into a financing issue. I work on contract and my boyfriend is 1099 so we're having a hard time getting our hands on a mortgage. We've been debating back and forth about how we we...
Hundreds of websites allow people to create fake paystubs, tax returns, W-2, bank account statements, and more. Go to your favorite search engine and look for "fake pay stub" and you'll see what I mean. There's no law...
Do you always verify tenants income? Is it necessary asking your prospective tenant to provide proof of income, like a bank statement and recent paystub? And require that the applicant provides you with 2-3 employee r...
Hello BP, I have buddy in a situation who needs some advice. Him and his wife own a lawyer firm and they are looking to expand to a larger office. A commercial property they are looking into is for sale for $330k but...
Hi all,I am a realtor and licensed contractor, and I need some advice moving forward on a flip in California. Background:I found the property and contacted the owner. I reviewed the property developed a renovation est...
From experienced rental property owners, have you had better success with larger commercial management companies or local well established companies
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...
Hi all! Our LLC is about to purchase a pair of adjacent duplexes that we plan to manage ourselves as part of our learning, as we are new to the industry. The would be our first "dedicated" investment purchase. List...
Hi, I have a small mixed-use property under contract and am talking with a bank for financing. I have some questions. Any help is much appreciated! 1. What would be a good interest rate for a small commercial prope...