I am buying home from wife's grandmother in Maine. It apraised for $411,000 she is asking $375,000. She wants to seller finance us but the IRS still makes her charge 2% for a 20yr loan. Are there any workarounds? Coul...
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Experienced fix n flippers, do you consider rehab properties w/large amounts of mold or just stay away? If you consider them, how have you handled the issue?
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Hey guys first post here so I'll treat this as an introduction as well and then get on to my question. I am currently a property manager with a management company here in Lexington, KY and will soon have my RE license...
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So, a tenant in my triplex just gave their 30 day notice this morning. They have been on a month to month lease the last couple months, and I just gave them a new lease to sign last week. She informed they will not be...
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This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
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Hey all,Purchased Mass Landlord forms right here from BP... trying to help a buddy out who bought his first home that has an in-law apartment. The lease I purchased states: "Any payments paid after the _____ day of an...
Hi Im currently in the escrow process of buying my first multifamily property. Its a beautiful triplex w a large yard, green grass n shady trees. New wood cabinets w granite countertops n wood floors. I think it was a...
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I’ve been living in the same rental for the last 2 years and have never had any issues, but 4 days ago I came home and noticed that my bathtub looked like it was going to fall through the floor into the basement. I co...
Tenant moved in 91 yr old mother without telling us a couple of months after signing lease. We are out of state and had no way of knowing. He got around to telling us as a by the by recently wanted a significant rent...
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Hi there, I'm considering starting my fix and flip business with a first property in Tampa. How is the market currently? Is there anyone operating in the area who can tell me if it's a good time to buy? Thank you! :)