To Service or Not to Service
In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll explain later) and the second is for “convenie...

Got an emergency call last week that one of the units toilet wouldn't flush and was backing up into the shower. My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet. He ...

folks - I've gotten a roof replacement estimate for my 100 year old house that currently has hard slate. I could of course keep repairing the slate when leaks appear every 2 years in different parts of the roof but it...

Good morning BP, Just closed on a property and putting together a leasing agreement for an existing tenant that has been month to month until now. The property is under my name only, but my wife will be managing it. C...

I need help with finding a good CPA. I live in Provo, Utah and I've recently decided to become a REI. I bought a house a few months ago and am currently renting the other rooms to my friends (they're covering the mort...

Can anyone tell me exactly how a hard loan works? I was under the impression that if a house was $500k and you brought in $300k of your own cash, you could get a high interest hard money loan for $200k to allow you to...

I listed a townhome for rent in my very tight rental market on Monday and I've received well over 100 inquiries.  I've been responding via email/text with a link to my application and application requirements and the ...

I use TurboTenant to manage my tenant engagement (leases, payments, maintenance, etc).I use Stessa to manage my overall Investment Assets.I have vendor/contractor contacts all stuck in my iPhone and interspersed with ...

I’ve been learning how to quickly evaluate real estate investment properties and determine potential deals. I wanted to provide a sample property that I have evaluated and was wondering if there was any insight as to ...

I've had a tenant in place since 12/2019, now PM is asking if another tenant can move in (a friend of current tenant, they say).
What should I require legally from this person, apart from his personal details? Separa...