Amy Shari
Tenant wants to break lease prior to move in
So about two weeks ago I receive a phone call regarding my property from a prospective tenant who is very eager to see it. I tell him that the house is not ready to show and will be ready by the end of the week.
When...
Ben Skove
Seller financing a small potatoes SFH?
Hi all,
I've nearly finished rehabbing a SFR that I intend to rent. The numbers, rent comps, etc work well on it.
However, just for kicks and giggles, I'm playing around with the idea of selling with se...
Mike Adams
Making #'s work in Jersey City & Hoboken
I am new to this a bit, so I know I am still learning the ropes. However, it seems hard to find any property with 6+ units in Jersey City or Hoboken where the #'s work. Example. One 9 unit building in Hoboken is 2....
Jennifer Robinette
Need help with Builder Risk Policy under LLC
Hi, I am in Northern Virginia and doing a tear down and new construction project. I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the ...
Laura M.
Can I rent only to specific people?
Let me clarify...I'm not talking about age, race, religion, sex, national origin, handicap, or marital status. I work at a tourist attraction and environmental organization in FL which happens to be located right smac...
Wendell De Guzman
Can You Fix-n-Flip a Fannie Mae Homepath Property?
I have a question for you smart ones of Biggerpockets.Fannie Mae has this program called Homepath.They're selling CHEAP but the main issue is they impose a DEED RESTRICTION so much so that you are NOT ALLOWED to sell ...
Carol Venolia
What's my responsibility in regard to mice in my rental house?
Hello,I have a tenant family in a freestanding house in a semi-rural area. She texted me last night to say that they'd caught 4 mice in the house recently and she doesn't want mice surprising them or their two young b...
Andrew Cross
Late Payments
We just bought our first rental earlier this year and I'm have some issues with the tenant. Not too serious, she and her kids keep the house clean and haven't caused any damage, but her payments are almost always lat...
Ramon Jenkins
Would the new Time of Sale Requirement ( TOS ) law delay closing or create more seller finance opportunities in Milwaukee?
Per Wisconsin Realtors Association~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~“ On July 12, 2015 state budget into law (2015 Wis. Act 55). One provision of great importance to the real estate industry i...
Shawn Connors
Question about lease option
Hey BP,I am trying to completely understand how the lease option works. Hypothetical situation :Seller owes 50k on a house, ARV is 110k. I come in an offer a lease option and they accept. Terms of the deal are 5 ye...