Good afternoon,I recently purchased a 4plex that was fully occupied. One of the tenants moved out who was month-to-month that didn't have a lease from the previous owner (he was a family friend just living there). H...
I need advise on how to setup bookkeeping for a property that is professionally managed. My property manager uses an online portal from propertyboss.net that will generate some reports, transaction history as an exce...
We all know lenders can be shady especially when it comes to re-trades, last minute bait-n-switches, unexpected closing costs, or the infamous "we'll get back to you in 24-48 hours" line. What has been your worst lend...
Loan Depot is by far the most incompetent lender I have ever dealt with. I started a refinance on Sept 9, 2019 with an appraisal that had been completed on July 2, 2019. The staff said we could use the appraisal bec...
First investment property --Our offer has been accepted today for a 2-family home for a househack. We will be inheriting a tenant from one of the units. Now that Attorney review will be starting, is this the typical p...
Took a tenant to court for money judgement. First time I've ever done this. She didn't file an appeal or show for the hearing. It was filed this morning stating defendant owes plaintiff $X,XXX with interest plus court...
Question BP family, I'm in the process of buying my 1st investment property a 3 bedroom 2 baths in the Tampa Fl area. I've been looking online on Craigslist but it seems as if I'm not finding any homeowners that's doi...
Hi BP
I'm confused, what are the terms available for commercial loan?
Is it just 5 and 10 yr?
Are there 15, 20, 30 yrs?
It maybe the bank we were dealing with, I'm under impression its 5, 7, 10
Balloon, Arm
Is th...
Anyone here in Chattanooga, TN having issues finding ANYTHING in this crazy market? I've been trying to find a house hack and fixer-upper and have been unsuccessful for the past couple months. I'm ready to get things...
Hello,
Apologies but I have a somewhat urgent tax query. We are closing soon on a house in San Francisco, CA. We are US citizens living in the Philippines. I want to ask if we would be considered as residents of CA f...