John Jackson Jr
Take full years rent from unqualified tenant?
I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...
Paul Post
How much info can a PM share with a landlord?
Greetings,How much and what type of information is a property manager allowed to share with a landlord? Very best,Paul
Ashley Davis
Closing today / Tenant occupied foreclosure.. what would you do?
Hi there. Closing today on my first investment property. Bought it sight-unseen from the bank. Curious on how you would approach this situation? I will be able to knock on the door for the first time, later today!!
Patrick H.
self storage advice
Hello, looking for advice on this deal. I'm under contract on a 250 unit self storage business that is 60% occupied. Its in great shape, with all concrete drives in a non drive by location but with a in city limit...
Brian Walters
The classic LLC question - but with a twist
We have all seen and read opinions on what people just starting in real estate investing should do in terms of creating a LLC to own and operate each property. Most of what I have read speaks to the opinions for youn...
Philip Hernandez
Lead based paint Seller knew and did not disclose
What's up BP community. I just bought a property that literally 2 days after we closed on it the tenants informed us that the city had cited the owner for lead based paint, and that it had to be remediated. The owne...
Timothy Holden
Has anyone used builder banc?
I am talking to Builder Banc about a potential investment property refi and I am trying to find someone who has used them before. Has anyone had experience with them?
S Harper
Situation with not-on-lease boyfriend in jail for assaulting my t
So my tenant has always said her boyfriend doesn't live there. She finally admitted two weeks ago he had moved in and asked to add him to the lease. He has not submitted an application and is not on the lease. He assa...
Maria Villamar
Lis Pendens or notice of default filings in Philadelphia PA
I am looking to venturing into purchasing a pre-foreclosure property in Philadelphia and I was advised to go to City Hall to find the Lis Pendens or Notice of Default (NOD) filings. Once in city hall, I visited Depart...
James W.
Auction of property with Multiple Loans?
Quick question - if the property in auction has lets say three mortgages open - and only one plaintiff is running in the auction - what happens to the other two loans?1 - Does the plaintiff add up three total loans - ...