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Found a property 3 bed 2 bath that has been declared vacant by the county. When researching it I discovered that it has a foreclosure notice placed on it last June, but the bank has not acted on the notice.
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Considering buying my first rental property in Dallas that is listed at 1600 sq ft. According to county records the property is only 864 sq ft, so additions to property are unpermitted. Seems like a red flag to me, bu...
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I'm looking to build a single family home (or put up a mobile home) on a flat .34 acre residential lot in PA.Some background:There used to be a house on the lot, built in the 1960s, that suffered settling issues due t...
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Hello!My name is Francesca and I am totally new to the real estate field. I am an architectural designer that is interested in having additional sources of income through rental and fix-flip properties. The Southern C...
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Good morning! Here's the situation:I'm under contract on a quadplex. Current owner/landlord is terrible at his job. He says he does not have a lease signed for 3 out of 4 units. It is "word of mouth." He claims they a...
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Hello BP, have a strange eviction situation question! On May 31st we evicted some renters through the courts. The judge gave them 48 hours to vacate. They chose not to vacate the property so we ultimately had to reque...
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I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
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Hello fellow BP'ers,I have a friend who is starting his retirement but is anxious about no longer "getting a paycheck". The issue is psychological, not financial. He's been financially fortunate working in high tech, ...
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I hear a lot of people on BP talk about that the best they can get for financing is typically 80% LTV. A local bank I work with will loan out 85% LTV on 4 units or less and 80% on 5 units or more...here is the kic...
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I have a possible tenant stating they do not have to pay a non refundable pet fee to have two small dogs live with them in our property because they are therapy dogs for her dad of which she is the caretaker for. To m...