Hello BP!
One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those rente...
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I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
Hi all. I’m a property manager by day (so wish I could type out a cool superhero gig), and I rent my house to two roommates who pay my mortgage plus additional Cashflow. I need your help please!Do you have experience ...
I have had a young couple apply for my 2bed 1bath apartment in my multiunit. The girlfriend is unemployed and stays home looking after the couples 1 year only son. Her credit score is 522.
The boyfriend has a 615 ...
I've seen several posts related to losses from a BEC scam and came across this story of a title agent that lost some money to scamers and tried to recover from his E&O insurance.
The United States District Court ...
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Sorry if the below sounds like a rant but this is starting to drive me bananas.I've been looking to set up some asset protection as I have 11 buy/hold residential rental properties that are scattered across 3 states, ...