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Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
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I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
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I have tenants whom lost there jobs and failed to pay rent. No one wants to spend extra money and time to file an eviction law suit. Do I talked to the tenants and asked them to sign a termination of lease contract an...
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I have been thinking about doing subject two purchases. My question is can I offer to take over the existing mortgage and try to work out with the bank to bring the loan current if it is scheduled to be auctioned off ...
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Hello BP, I’m in need of some advice.A few days ago a contractor working on one of my out of state properties was shot. I found out that this was the result of robbery gone wrong. The contractor and two of his workers...
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Hey guys I am looking for some advice here. I am looking to get more involved in REI and want to be able to work in the field in between work. I have been thinking about it for some time and think I am going to just d...
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
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Okay, so one of my tenants (My oldest, longest, and most loved tenant), an elderly lady, went into the hospital at the end of December for surgery. She told me her January rent might be late a few days because of it. ...
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Just curious if anyone has had any success acting as the General Contractor in order to keep control of costs and rehab timelines. Thanks
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I have a possible tenant stating they do not have to pay a non refundable pet fee to have two small dogs live with them in our property because they are therapy dogs for her dad of which she is the caretaker for. To m...