Within the past 2 weeks I got 2 capital calls from different sponsors, I'm assuming that there are many deals in similar situations.The sponsors are saying, If they have enough capital to bring occupancy to 90% they w...
Hey Guys,In a competitive market, what time frames are you giving on your contingencies? My agent is suggesting a 10 day loan, appraisal and inspection. 30 day close.Does that seem a bit aggressive? We've identifie...
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...
Hello everyone. After years of stalling, I've recently taken the plunge.. Appreciative of all the advice and information the BP community provides and suspect I will be spending my nights reading as much as I can...
Anyone accept a year rent upfront and provide a discount...potential tenant is asking? If so, what amount of discount do you use?
I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.
Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Hello BP community, I’ve recently gone down on a black whole on youtube about Pace Morby. Specifically his gator lending videos and his community. I’ve looked into joining his gator lending tribe for 3000. But I’m a b...
Hi all,
We are currently in the DD period and have asked the seller for concessions that we thought were most important to us during our inspections. The seller is now asking for the inspection report and appraisal. ...
My lawyer advised me against buying a property that is being wholesaled. She said if the person doesn’t own the property don’t buy it. What are people’s thoughts?