A newbie question here but I'm having trouble finding this information clearly spelled out somewhere:  What exactly happens when a 2nd lien is established on a property?  Does the borrower now pay two separate mortgag...

Hello,
For my rental property in FL, tenant after first year of 12 month rental term  is asking for a month to month lease with a 2 month notice to vacate. Rent is $2100 per month and the deposit I hold is $3000. My...

Hello BP, I want to 1031 exchange a Long Term Rental Property into a Beach Condo. I want to buy the Beach Condo as a 2nd Home so I can get a lower down payment. Can I 1031 Exchange a Rental into a 2nd Home? Reason for...

Kind of what the title says - I have a private investor who is interested in issuing a loan for 12 months with a simple interest rate of 7.5%. How would I structure the paperwork so it is legal and binding? The invest...

Is it possible to:-Identify 5 properties.  (Using 200% rule.)-Use almost all proceeds to close first 4 properties in cash. Then about 2-3 weeks after closing finance property leaving 20% of cash in that deal.-Then us...

I have several properties in lower income areas in upstate, NY.  They are in a small city that has a garbage pickup service.  The service is fairly expensive considering they charge by the unit.  Has anyone else chose...

This particular tenant's lease is set to expire soon. They still owe $300 for a utility bill and $150 for removing and dumping the unit's fridge by the dumpster. The owner would like to retain this tenant. Can I add l...

When advertising for rent, I get people here and there that ask if I accept tenants that receive Section 8 assistance, am I even able to say no? I guess you could say no on the basis that property isn't section 8 appr...

I will be selling my property and I would like the tenant to move out. She is presently on a month to month lease. How much notice do I have to give my tenant? I was going to give her 45days notice. Also, can I email ...

Hello all,I am in the buy and hold business and have not done a lot of selling. I have an associate who will eventually be selling a house he is occupying and rehabbing at the same time. The house he is working on has...