John Sestito
Best Way to Evaluate a Duplex
What is the best way to evaluate a duplex deal?Income/ROI? Comps? Cap rate?I am an investor with some single family experience looking to make the leap to multi-family.I have evaluated a few potential duplex deals bas...
Mike Tan
HOA keeps forcing homeowner to fix party wall damage by others
I know a homeowner in an HOA where the HOA keeps forcing him to repair a little retaining wall that keeps getting hit by cars/trucks backing up into it due to being in a cul-de-sac. This retaining wall is about 3-4 f...
Eli M.
Tenant screening process
Dear BP community,I am trying to research a previous landlord for my potential tenant.I know the landlord's address, first and last name.How can I find out her phone number in Philadelphia, PA?thank you all in advance!
Michael Hayes
Purchasing my first duplex First FSBO Deal
I am looking for some advise on the next steps that I need to take to complete a deal that was just verbally accepted this afternoon. My wife and I went out to look at a duplex yesterday and loved it. I waited until...
Chad C.
Deposit for rental property
Hi BP Landlords and Investors,
Got a quick question for you!
I have a rental in Arizona. A couple (boyfriend and girlfriend) move in together and sign lease Jul 2015. They deposit $1150 in Jul 2015. Each year the c...
Garry DeFilippis
[Calc Review] Help me analyze this deal (My First)
View report*This link comes directly from our calculators, based on information input by the member who posted.This will be a house hack at first till I can save enough up to move out. These numbers a...
Jeff Goff
LLC mortgage then buy Personal Residence
My wife and I are set to close on our first purchase in 2 weeks. We would also like to set a contract to build a home with a personal mortgage as well. Does the LLC loan count against our ability to qualify for a pers...
N/A N/A
Must be broker to sell in LLC???
A friend just said that in his RE class his instructor, who is also an investor, read the Indiana code and an corp cannot sell property without going through or being a broker.
Is this true?
Adam K.
Appraisal fees - way higher than GFE
I am purchasing a split level duplex. Its a bank owned foreclosure. My good faith estimate (GFE) appraisal fee was $450. I just got my settlement statement (HUD-1) today and the appraisal fee is listed at $635! But it...
Thomas Tokstad
Getting ready to evict my tenant, what are my legal rights?
I have a rental house with a tenant on a month to month lease. He has always paid his rent on time but is a nuisance to the neighborhood and his(my) yard looks like a junk yard. The city has come down on the property ...