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This is a technical question that arises from the painful experience of having an appraisal come in low. It happened two years ago when a VA appraiser, citing comps, said that the price my buyer had agreed to pay for ...
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Today I turn 27. Today I close on a half million dollar 4 unit property. Needless to say, I’ve been busy.Life is filled with so many ups and down. Right now life is up. Just a few short months ago life was not so up. ...
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Hello,
I've done a lot of looking around and have read many different posts but have not seen anything that closely resembles my situation. I'll try and lay it all out but if I miss something please feel free to ask....
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Just curious if there are any good stories out there...
I'll start -
Around early 1990's still in college and had some time to burn, was browsing books at Tower Records down in Marina Del Rey and saw something like...
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My tenant in Jersey City NJ is looking to break lease early. He states his reason as pending layoff - of which he is not sure but says it is inevitable in 2-3 months. I try to be understanding and accommodate my tena...
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I am in desperate need of good advice. I got under contract on a new house back in early February to close April 1st. My current home (live-in flip) went on the market last week. Illinois has just ordered "shelter-in-...
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Hi everyone on BP, I recently closed a 4 family house in Massachusetts in June. The house has a 1BDRM, 2BDRM, 3BDRM, and a 4BDRM. The 1 BDRM and the 2 BDRM are rented from before and are close to paying for the mortga...
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I recently acquired a four plex that was fully rented. The tenants in the first unit have consistently been problematic. They leave trash outside their unit, they've clogged the pipes with baby wipes, they smoke pot i...
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Long story short; I rented out my home to a couple and their mom that started on Nov 1 2010. I used the model lease agreement provided by BP which covered everything. I received rent for Nov and December. I did not re...
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The pros and cons of running a real estate business through an LLC and using LLCs to hold properties have been discussed at length on BP. My question is about what LLC users do to avoid some of the headaches of using ...