I have a tenant that never put the water nor sewer bills in their name and it states in lease that they are obligated to do so. I paid the last quarter's bills because they were experiencing a hard ship, but they were...
Hello,We have a hypothetical question.What happens when a new owner takes over a commercial property (5+ units), and two of the units have section 8 vouchers?How do these leases transfer?Does the section 8 certificati...
I've been buying properties in my name and financing them in my name (to get more favorable interest rates). I want to switch them all to LLCs, but my current loan documents prevent that. How does everyone deal with...
I am curious if anyone has any experience with this. I am very interested in looking at getting a duplex, triplex, or 4-plex but my situation wouldn't allow me to actually live in one of the units to get the more borr...
2024 was a banner year for our investor clients with eight prime Oregon Coast vacation rentals sold. Four properties were existing STR's that had a permit 'transfer' and the other half were eligible properties that su...
In the NNN world what does typical financing look like? i.e. What are typical term lengths? What are typical interest rates? What is a required minimal lease term remaining on NNN tenant? What is minimal amount of...
I have a short sale I just rehabbed and put on the market that has a 90 day flip restriction that we signed on the short sale approval letter. We have 60 days left on this window. We do have a cash buyer that wants th...
BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...
Here's a question - doing a little experiment. In this scenario, let's say you are aiming to do a flip or BRRR strategy, and you just aren't finding any good deals on the MLS. You've have in front of you a list of all...
Hi all. I am posting this info about this program because I couldn’t find it by searching in the forums search box, so maybe it will help someone who happens to be lost ……where I got stuck.
If you have access to a p...