Margaret Hill
Primary residence: kind of?
Good morning BP!I am a new investor trying to figure out an innovative way to fund my first investment property due to a lack of capital. I currently live with my boyfriend in a house he owns, and I have been told by ...
John Woodington
What to do with Farm/Hunting Land?
My family owns a parcel of land about an hour west of Minneapolis. It's 78 acres, 40 of which are farmland that they rent out. The other 38 acres are woods and a river that we use for duck and deer hunting. Rental ...
C Michael Sundius
when the property manager keeps the late fees
as frustrating as this is. it really brings up an interesting question when the owner doesn't get a share of the late fee.say the rent is $100 and the late fee is $10. in january the tenant is late but pays $100 rent....
Abdenour Achab
How would you mitigate the environmental risk
I live in California, and bought a tax lien certificate (technically a Certificate of Purchase) on vacant commercial land in Arizona, sight unseen, at an online auction. It's 36 acres, assessed at about $100,000, and ...
Nat C.
Who does the security deposit belong to?
When a property is sold with tenants, their security deposit is ordinarily transferred to the new owner. What happens if the tenants are behind in rent? Can the old landlord deduct it from the security deposit or do t...
Paul A.
Renter deported... huh!?
Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....
Jeff G.
Got Badly Shtooked by Contractor in CT, Need Help
Long story short: my GF and I hired a contractor to renovate our condo. We had some issues with our bathroom surround not being water tight. We caused "indoor rain" on our downstairs neighbor's bathroom. At the advice...
Jason Khoury
Purchasing Vacant Home from Non-Profit
Hi everyone,
A couple of weeks ago, I noticed a seemingly vacant and distressed property near my current residence. After conducting some title research, I discovered that the property is owned by the local nursing h...
Helen Zhang
Do I really need a survey?
Hi BP community, This isn't the first time I'm doing a cash buy for properties, and I have never purchased a survey for properties before. However, this time it is different, I am buying a trustee sale. Should I purch...
Caroline Carr
Need Help
Friend thought I could get help on here . Live with boyfriend, he is in bad healh. We bought house together but everything is in his name now that his health has gotten so bad I realize this was not a good thing to do...