A realtor contact, knowing that I have several short term rental ("STR") properties, sent me the listing for a potential Airbnb property.  It's a townhouse in Miami Beach (very hot Airbnb destination but where illegal...

Hey guys,I was referred to a commercial lender called Silver Hill Funding in Los Angeles by a local residential loan officer.  The email string was roughly as follows:Referral source email to commercial lender:  "Alex...

Have a property management company, I thought agreement was pretty straightforward now I’m thinking I’m crazy. Fee is first months rent for new tenant + 10% per month. Fine, tenant renews lease and property manager wa...

Hello BP, I'm currently in the process of purchasing a triplex. Offer accepted.
Doing the numbers my net cash flow should be between $500- $700 a month with the current low rents.
Im in New Jersey and the current re...

Situation: Grandma is moving out her longtime home in Foxboro Massachusetts a suburb 45ish min south of Boston.  It is a 3 BD / 2 1.5 BA House with (market rent $2,300) an attached 1 BD 1 BA in law currently renting ...

I was wondering if anyone has a good letter that introduces a new Property Manager while removing the previous one.  I recently had to remove my PM from some of my properties and I am taking over the PM responsibiliti...

Hello, My tenant recently informed me that the painted wall adjacent to the bathtub/shower wall has water damage to it and the paint is bubbling. The damage is caused by water traveling from the top of the bathtub, al...

The house I am buying does not need any major rehab. Just things like paint/gutters rehung/ pluming leaks/handyman work.

I had a guy do some work on my house last year because he outbid 4 other guys. He did good work...

I am from NJ, and about to set up a RE investment company.  Normally would have set up an LLC but heard just last week at my real estate club-as an advertisement hook for our January meeting which will deal on the sub...

I know we have some experienced lenders on BP as well as experienced investors who would know how larger Private/Hard Money Lenders (PHML) are capitalized. Is it always all equity or do the PHMLs ever have a mix of e...