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I'll admit now that I am an infiltrator to this forum. I'm not a property owner or landlord. I am a potential tenant trying to figure out what makes you guys tick. (What I have discovered so far is that you love mo...
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Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
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Greetings!
I plan on meeting with a seller soon and could put in an offer if I am able to get the property for the price I have in mind. I extracted and copied the major milestone dates on my offer form below, but I ...
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Hey BP, This is my first question on a forum so give me some slack.Through my networking I've come across an older gentleman in Massachusetts (MA) who recently lost his wife, he has stopped paying his mortgage, stope...
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Tenant said on 3rd day after signing lease that we have to modify it because her handicapped dad wants to move in. It's a 4/2. I approved them knowing 5 people would occupy, 2 adults and 3 kids. Can I request addition...
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I am partnering with 4 individuals to develop a mixed use building. This a 4 story historic building. It has been sitting vacant for many years, so this will definitely be a large undertaking.24,000 sqft totalCreate 1...
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Last summer I rented to a gentleman who had a colorful past however I had never screened my tenants based on criminal history... After 38 days it was clear that the landlord/tenant relationship was not going to work...
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I just got a quote from a conventional lender for 7.75% with a 2.5 point buy down.When I asked what would be the rate without a point buy down, they said: " There are no par (rates with no point cost) rates for invest...
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Hi all, Sorry for the bad news. Just yesterday I thought that evictions filing of non-covered properties by the Cares Act should be resumed when the courts reopen June 1st. I guess I was wrong... See the governor's or...
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I have a perspective tenant who looks good on paper. He's already revealed a past bankruptcy and explained how it came about (his employer was located in the WTC and when it went down, the business folded. He tried ...