Vish S.
buy a friend house
Hi,My friend is planning to sell a house for ~220K. The house is in Irving texas. Currently, I am staying in a rented apartment near to that place wherein I pay 1750 per month + utilities extra. So question is does it...
Anthony Atyeo
Condo association unwilling to fill out paperwork
Hi,I have a friend trying to buy a condo for a personal residence. She is going with conventional financing and the bank needs some paperwork from condo association before they can proceed with the loan, but the condo...
Sonia Heathman
Hey Newbie from Georgia here!
Looking to learn and invest in fix and flips, lease options and notes. Have had a strong desire to invest for many years and looking to network with like minded people. Open to learning many facets of the business an...
Account Closed
No lease evictions? Notice to quit?
Hello BP!!! Im currently facing an issue, I have a tenant i want to evict in my multi-family property, i live upstairs, she lives downstairs.She is is currently 3 days late on payments and is a no lease tenancy. I liv...
Jason Bilbrey
No Security Deposit Letter for tenant who never had security dep
So I inherited a tenant to was on a verbal lease with $0 rent and $0 security deposit. I gave them notice and did cash for keys to get them to move our early! So far so good!Wisconsin requires a landlord return a secu...
Ali BenAyed
Invalid SSN on SmartMove
I have seen this question before in BP, but the answers weren’t satisfying.I screen potential tenants using SmartMove website by transunion. One applicant had been flagged with “invalid SSN”. How would you check that?
Account Closed
Landlord Responsibilities during weather-caused power outage
Hi there,
I live in a older recently renovated multi-family community and in the last monsoon storm a power surge caused all our electrical to the community to be fried. The property management did admit that some of...
Eric Piccione
P&I for each unit on a duplex?
This may be me overcomplicating it, but I recently ran into a 5 plex that apparently rents at 1085 per unit. With P&I at 871, does this mean using the 50% rule, i'm cashflowing $1841.5/M (5425/2)-871=1841.5 This d...
Christine Lundie
tenant broke lease and hasn't returned keys
The tenant moved in June, she's been problematic but nothing major, her attorney emailed to say she's moved and is wanting her security returned. I have damage and no keys, how long do I have to wait for her to return...
Gregory Tigan
Sample syndication contract
I’m ramping up my knowledge base on syndication. I’m looking for a Sample syndication contract to help me visualize how a deal like this is structured. I understand the breath and complexity of this topic. Jus...