Two days ago I put in an offer on a REO owned by HUD. My agent went to check on status of offer yesterday and said HUD had canceled my offer with no explanation. Can someone shed some light on why this may have been t...
I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund. I have not gone out and purchased any existing notes yet, I have just funded new loans...
I've had the same tenant in my SFR rental for years and years. He's not one to call me with any issues unless they are legitimate so I'm rarely there. It's been a few years since I've walked through the house. I've...
Last year I bought my first two rental properties in Michigan. I've been keeping paper receipts in folders all year (gutted and rehabbed them), didn't really have the time earlier to do anything else with them. Now I ...
Hi BP,
My brother and I just made our first offer on a property we have been looking at.
Though we have the cash needed, we are also considering bringing in equity investor(s).
Now that we're at this point, we real...
Hi BP!So I need some help or advice with a deal. My in laws are renting a house that they used to own 20 years ago. My father in law built the house and hit some hard financial times years ago with his plumbing busine...
Off market 8 unit brick apartment building in Cleveland built in 1920, Manhattan Beach areaPurchase price - $145000Rehab costs - $30000 (cosmetic consisting of windows/paint/flooring/trim/carpentry)(6) 1-1 units under...
On your properties how much do you set aside for repairs??
Wanting to see what everyone does to get an idea.
I have 5 doors in Georgia, type a or b. I've noticed this tenant turnover cycle of one of my SFH, every call asks about accepting housing vouchers. I not involved and not interested in learning about it or having to...
Hi,How would you estimate security deposit deduction if a tenant broke almost all shelves, bins, and drawers in a high end fridge? The fridge was bough approx 5 years ago for ~$2K and unfortunately neither manufacture...