Andy Mallos
Auction Companies - are they safer?
I've been researching foreclosure auction companies after attending several of my county foreclosure auctions. I am interested in having someone bid on my behalf. Mainly because there are many "investors" in my area b...
Sam Leon
Fine line between wear/tear and abuse?
How do you draw the line between wear and tear vs just excessive force & abuse?Example, if within a two month period you had the microwave oven door handle broken off, refrigerator door handle broken off, the exte...
William Fields
I Have A Home For Sale
hey guys I have a home to sell in mobile county Alabama. I’m looking for the best way to market. Trying to avoid having to pay out any extra for agents. Any tips ?
John Boutros
Seller Finance Note Words of Wisdom
Hi BP'ers,My partner and I are potentially buying a property that is being fully seller financed. 3% interest rate, 8% down, 900K purchase price, 5 year balloon. Numbers, cash flow, and upside work out well. What are...
Christian Hall
How should I align my offset lease terms?
Hi BP. Looking for some pro tips on the following situation:I purchased a 3 bed single family home last year. I lived in one bedroom and rented out the other two (yay for house hacking). I moved out and filled my spot...
Leighton Adams
malicious mischief by tenant, water damages multiple condo units
A tenant caused water damage to my mid-level condo. The water went down to the lower units and caused water damage there. My insurance is covering her damages to my unit under a malicious mischief claim. The damage wa...
Shawn Mix
Rent Raise Advise/Inputs Wanted
So I've owned a 3 family property now for a little over 3 years. I inherited the property with 2 tenants. Went through some changes but have settled with 3 great tenants at this point and have been stable for over 6 m...
Michael Evans
Business Credit Financing: EIN or DUNS number
Hi everyone,
Do banks use your EIN, DUNS number, or both for business financing? Also, can you use one or the other? I have an American Express Business credit card for my LLC which was setup with my EIN an...
Arthur L. Timmins Jr.
Private Lenders
Hello BP, I have a question about private lenders. My Question about private lenders is, are they just regular people that you know that will lend you money to buy investment properties, or are they people that specia...
Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...