It's a pleasure to meet everyone here. I am truly impressed with this forum and the amount of valuable information that so many great minds are sharing. It's a wonderful thing to be a part of, and I feel honored.I liv...
Hey Everyone!I'm an out-of-state newbie investor looking to get started in the Tampa market, including surrounding suburbs. I am looking to acquire my first rental property within the next few months, and hope to con...
Seller lied on paper about tenant being up to date on rent. It was disclosed that the tenant was up to date but she was behind 3 months at the time of the sale. The previous owner’s property manager was going to evict...
I currently own 4 properties in new jersey, tenants actively managed through a property manager. The PM is okay, and they are reasonably prompt at responding to our tenants and maintaining the property. That being s...
Hi, I have a friend who purchased a house on seller finance terms. The original purchase price is $165503.44, 10% APR, $700 monthly payment. She started paying on 09/14/2017. Now she wants to get out of that contract ...
With the mortgage rates so high (relatively speaking) if you can swing it, does it make sense to sell out right or do seller financing for a period of time? Maybe this may attract more buyers? Feels like a win win but...
I was in a contract to purchase a home in SF Bay Area. I waived all contingencies with my agent suggestion. I made the EMD of $33k and was in the middle of financing. I got the appraisal done. 7 days after the offer w...
Hello BP,
I am looking at a property in NJ and starting to get a better understanding on how rent control will affect my investment. The town I am looking for has some information posted, which I came across, but can...
I've been working with an agent and viewing a few good properties, but nothing great. I'm viewing a property that I'm hopeful about this weekend. It would be purchased with a conventional loan if the numbers work out ...
Hi BP members,
I need advice. I just bought this multi family unit less than 2 years- it came with a tenant that's been living on the property for 20+ years. Elderly man with dog-pays rent on time. To Summarize:
-s...