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I received a listing from a broker that requires the buyer to assume the property's existing loan. If I determine a revised value that's ~$1M less than the listed principal amount (after adjusting vacancy etc. to 10% ...
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Although people will strongly argue that banks should have higher standards imposed for liquidity and leverage, opponents of the Basel III have said that it will put many of the smaller, local banks in the U.S.A. out ...
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I am about to take the plunge with the my next step in investing using SDIRA. I thought I knew best and have been planning on checkbook. Last night we had a presentation at our club and the presenter discouraged that....
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Hi BP Friends,
I would like to discuss and brainstorm on something that has been troubling me when I inherited my tenants.
When I bought my Quad, I inherited 4 families from the previous owner. The two ...
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We have several SFH's rentals and now we started renovating/managing a 12-plex we just purchased. One of the tenants got the 3 day notice after a month and a half of promising to pay rent. Well...the 3rd day was up on...
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I've seen some other very helpful posts on emotional support animals. I'm checking in particular on what questions I can ask. Let's say it's a large dog, a breed frequently used as a guard dog, in a neighborhood wit...
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So, I and a partner have created a creative community, with all residents being creative in some form. This is a private cul-de-sac and we made all outside space 'common area', for people in our community to hang out....
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Hi all. How do I deal with this tenant? They live on the first floor of a small ten-unit building. You have to walk up several steps from the ground floor to get there. The laundry room is on ground floor. The laund...
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While I was able to amass a good chunk of real estate over the last crisis and had some great successes from connections and learning on BP, I also had lots of challenges along the way! Not all peaches & cream &am...
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When using BRRRR, if I acquire the property using LLC, I’d have trouble refinancing... I’d imagine that we’d have to get the property under personal name and then refinance. From acquiring the property to rehabbing ...