Timothy Gleason
1940's 2/1, ~1000SF --> What to do? What to account for?
As the title states, I see these homes all over the place, as I live in an older town that had a strong military build-up during the WWII period (Pensacola, FL). They typically have brick or asbestos facades, pier fo...
Lee Cruz
kicking out tenants to rehab before refinancing period brrrr
If i were to buy a single family home with tenants in place how long do you give them notice to leave? I'd like to get the rehab done quickly (within 2 months) and get tenants in for the seasoning period of 12 months ...
Ricco Ardemagni
Tenant behind on rent - Terminate month-to-month lease or evict?
Hi BPers - I inherited a tenant several years ago. He's currently on a month-to-month lease. Over the last year he has slowly slid to consistently being 2-3 months behind on his rent. His attempts to "get caught up" a...
Account Closed
Need advice on buying bare lot that hasn’t been sub-plotted.
I need some direction guys and gals... I have a bare lot I’m hoping to buy, decent price, decent size and within city limits. Owner and I have an agreed-upon price. Problem I’m having is, in talking with the city, uti...
Hans Kautz
10 mortgages and 2 Brrr’s, next long term financing needed.
I have a client who has 10 mortgages on single family rental homes. He has 2 Brrr projects on short term interest only financing and he needs suggestions for his next long term loan. The Goal is to pay off in 20 year...
Raj Janakarajan
Austin duplex - who is buying?
I have been looking to buy duplex / fourplex in the Austin market. I need some information on who is buying the duplexes. I assume the fourplex is usually bought by investors. For duplexes, are buyers "mostly" inve...
Anastasia Jordan
Birmingham Land Bank Trust for rehab rentals.
Has anyone here ever used the BLTB to obtain properties to rehab/rent? Please share the time line to took to get possession of the property. I have already submitted an application on a property and was told to submi...
David Tyrawa
Long term property questions.
I have been doing this for almost 5 years now and put offer on my 15th home tonight. My question is to the people who have been doing this for a longer time. How often do you plan on rehabbing a home. 10 years,20 year...
Serge S.
What is your bread and butter deal right now?
Interested to hear the typical deal you guys have closed in the past 60 days in your respective market.
Carrie Carlton
Tax assessment increase 3 weeks after closing
I live in Nashville TN. I just purchased our forever home and closed on 9/22/20. It was common knowledge that our property taxes were going to be increased by 34% and we were going to have a tax reassessment.
This w...