Tatenda Mpofu
Common Surveys Performed During Diligence
I am working through a PSA for the purchase of a self storage property and I would like to know what surveys you would say area) criticalb) nice to havec) unnecessarywhen acquiring a self storage facility especially g...
Aubrey H.
Charging Fees to Tenants
As we are growing our rental business we would like to keep out properties looking nice, clean and kept up. Do you charge a fee for things like not keeping up with the lawn work or having trash in the yard?When a tena...
Darryl Smith
Contractor for Spring Area (or Greater Houston)
Hi BP, can anyone refer me to a contractor they like to use? Maybe not their tier 1 go to guy, but their B team maybe. I just called GNC contractors and they were somewhat rude, but its lunchtime and I don't want to t...
Yaya Y.
FHLB V LIBOR rates? PROS/CONS
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
Eric Moore
Deal or No Deal....
So I came across a commercial MF property in Midtown/Tobin Hill area in San Antonio, TX. I called an investor form Austin for advice who I met in passing and he wanted to me to send him the figures and also the addre...
Joeny Ortiz
Subject to Deal - With Curveball
We have a motivated seller who is willing to do a Subject To deal - amazing. The problem is that he wants 12K cash to settle a lien, placed by a bank, on a separate property that he lost to foreclosure. The seller wi...
Donald Taite
2nd mortgages
Does anyone have any advice on making an offer on property that's in forclosure with a second mortgage on it. An agent told me that the bank won't budge on the price. Is this because of the second mortgage on the prop...
Jeremy Adkins
Getting into wholesaling!??
Hi, all! I've been stuck at phase one for a while now...I've read the posts, I've read the articles, watched the videos, and so on, and so forth. I feel like I just keep having to research and research and research an...
Kevin Forsythe
Landlord wants to end a month to month
I have a duplex upper and lower with 2 tenants that I bought a few months ago. One tenant that signed a new 12 month lease with previous owner - that expires in a month. Likes the place and already has signed anothe...
Miller Josh
Book keeping for rental properties
I have recently gone from one rental to three (and one is a 4 plex) and need a better system to keep my book keeping as for as accounting goes. I am very familiar with Quick Books as I use it for my other business I h...