Hello everyone and thanks in advance for any pointers or advice.I, as a seller, have had this home in escrow for over a month. Buyers were qualified and solid offer above asking. Inspection report came after 15 days a...
Hey all - newbie here.I have looked locally in my market for some lenders to get pre-approval for rental property purchases. However, I am running into an issue that only 15 or 20 year terms are available. At the advi...
One of my tenants on one of multi-units, who had trouble paying rent sometimes in the past, lost his job two months back. I called his employer and confirmed that. I know he lived on paycheck to paycheck. The probl...
We didn't set milestones or goals, we paid them based on the work they said they had completed, and now we can't pay them anymore because they are 2-3 weeks behind...How should we go about getting the contractor to do...
I am starting to rehab properties in Michigan state but live in another state, so I work from a distance. I have already rehabbed one property and it is rented out, but I tried another contractor for this second house...
Hello BP,
I'm not an investor yet, but my wife and I are considering holding on to our first home when we move to a bigger place and renting it out. When we move, we'll own the first house free and clear, but are c...
I have a 12 unit apartment building under contract. The building is located in downtown of a small Ohio town that is trying to revitalize the downtown area. Every unit in the building is in need of repairs, there is a...
What are my options to get out from under an asset that had a major fire, where we had no insurance?This asset (now a liability) is owned under a self directed ROTH IRA.I know there may be follow on negative consequen...
Hello everyone. Throughout my studies I've discovered that it is possible to perform a fix and flip with no money on your part, as long as you do the work. What this apparently requires is for an individual to approac...
Hi, I know this is a tired topic, but I honestly don't know how to handle this since I'm not at the property myself and it isn't a situation where the police have been involved. Tenant 1 is complaining about the noise...