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We had a tenant who could not afford to pay his rent and so left the apartment without giving any notice. He had been living in the unit since 1984 and we acquired the place in August 2010. He left the apt totally fil...
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Need help understand the difference in mortgages for SFD 4 units or less versus a 5 units or more apartment complex? What are terms on mortgages for 5 units or more etc... I'm in Seattle and SFR seems to be better wa...
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Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...
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I have a tenant who emailed me at my work e-mail account on Christmas about a leaking garbage disposal that didn't seem to work anymore and that they had scheduled Roto Rooter to come fix it. Normally, I know that a l...
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Hello,I am looking into commercial loans to get into multifamily buildings... I am sending out emails to local banks in areas I want to invest. These loans are a bit more tricky than conventional loans and one of the ...
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BP Members,I just joined the group a few days ago after listening to the podcast. I am absolutely thrilled with the amount of knowledge and how helpful everyone is here. I am 36 years old and I live in Delaware with...
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Hey Y'all, Im purchasing in a market that is quickly getting away from the 1% rule, and the only way I"m finding to get the cash on cash return I'm looking for is by buying slightly (or more than slightly) distressed...
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I have done 2 flips with my cash only so far and I'm trying to finally go with fix and flip loans to buy multiple houses. Usually these fix and flip lenders do ARC up to 85%~90% & rehab 100%, so I know I have to p...
Hello everyone!Thanks for your time and advice in advance! From what I see and read, I don't think there is a loan that would allow me to do this, so I am thinking I have to get creative, Unless I am unaware of an opt...
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Hi, I'm a value add, buy and hold, real estate investor from NJ. I own a cash-flowing 3-family as my primary residence, and am under contract for another 3-family. I have a private investor (family member) willing to ...