Hi BP,
I have a tenant in Lancaster, CA that is behind in paying the water bill and I would like to start the eviction process on them. I know that I start with the 3 day notice to perform, but I was wondering if i w...
Made a loan to a one time SDIRA guru from Georgia with podcast and classes and after a little over a year, payment has stopped. He did say that if he didn't pay I could get his properties. I get no return calls or tex...
As of right now, the tenant hasn't pay the most recent month's rent.Reading through past posts, there seems to be two ways to deal with tenants for non-payments.Option 1) Serve N4 and then L1Option 2) Fill for L9 to c...
Currently in escrow for a building in Tucson area. We signed the PSA towards end of March. With covid the rent collections have been lower for May. During initial PSA there were 4 vacancies but now with non payment, d...
I'm reading so many success stories about only having 15%-20% rent delinquencies, but where are the horror stories about possible forecloses due to non-payment of rent? How were you able to hold on to your property fo...
I'm reading so many success stories about only having 15%-20% rent delinquencies, but where are the horror stories about possible forecloses due to non-payment of rent? How were you able to hold on to your property f...
I've notied my tenant 4 months ago that their lease won't be renewed, the original lease termination date is 3/31/2023. They've been living under charity rent assistance in the past two years which will end in Feb. I ...
I understand that if a borrower defaults on a 1st lien, then the lender can foreclose. However, what happens if the borrower defaults on a second lien? What recourse does the lender have in that situation? Do they jus...
Hello BP,I have a situation that im not sure exactly what to do in so I hope someone in my Norcross, Gwinnett county area can give me some guidance.Here's the story. Im not sure how to make this sorry short sorry in a...
I'm just starting out as a REI, and looking for some advice and insight as to the best approach for down payment requirements within various scenarios. I've talked with a handful of local banks and mortgage brokers so...