Scott Williams
Contractor needed for 203K loan
Hello all, my wife and I purchased a property with a FHA 203K loan. We have been through 3 contractors at this point. 2 backed out due to the way the payment works on this loan and one didn't give a reason just stop...
Alex U.
Notice to leave California
I had a question for some of our experts. My tennant sent me an email stating he is leaving in 28 days, our lease says he must give 60 days notice. I told him fine, I would make every effort to market the property an...
Lindsey Matejak
Legal Rights Against GC
Hello,I recently had a major plumbing project done on my multi-unit building. I signed a contract at the beginning with a GC that was more general than I wanted considering the large price tag, but he kept saying that...
Steve Smith
How does this work - Tenant's Partial Rent Payment
Fellow BP Colleagues,
Requesting your thought provoking guidance on the following hypothetical situation in California:
The tenancy is month to month and per the signed agreement, the tenant must deposit monthly ren...
Stephen McDonald
Quick question about expenses in analyzing
The 50% rule covers expenses that are related to the property, not HOA, Property Management, or Debt expenses. Do those unrelated expenses get factored into the NOI?
Heather LeCedre
WWYD: Common Driveway Riddled with Potholes
Just purchased a 4plex that shares a common driveway with the 4plex next door. Here's the problem: the common driveway is riddled with potholes; both within our property line as well as the neighboring 4plexs' pro...
Tate Meyhoff
Lender interview questions
Hello ND investors!
First of all, where are all the Fargo/Moorhead members in this group?!!? My wife and I are just getting started in this real investing stuff and we are very eager and excited. We are also very n...
Caleb Whitney
Negotiator problem
I have submitted 3 short sale packages to a negotiator and paid $250 each up front to start. This was about 2 weeks ago. I called her 10 days ago to speak with her and I haven't been able to get her to respond to my...
Travis Steinemann
Buy and Hold Fourplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baton Rouge.
Purchase price: $83,754
Cash invested: $1
This is a fouplex that was vacant and had an absentee owner. We are...
Jim Francis
Refinance Help or Exit Strategy Ssuggestions
Hey I'm Jim and I'm new here. Really been loving the wisdom and networking here.I have a Lease with Option to buy for 5 years...in the 2nd year now...have a tenant in the property that has paid on time for 2 years lik...