Mark S.
Logistics of the lease agreement when purchasing an occupied unit
I am in the process of purchasing a duplex with one side occupied. The current tenant has a lease which began in January, and terminates in 2021, so I'll be inheriting that lease. The seller sent me a copy of the tena...
Andrew Chou
Association Pool Rules: Non-Resident Condo OWNERS, STAY OUT!
Hello BP,My wife and 7 y.o. son want to use the association pool while our Manchester, NH condo is getting ready for our new tenant who is moving in this weekend.To our surprise, the association president/lifeguard to...
Sara C.
Flood damage: a penny for your thoughts
Would love any ideas on how to handle flood damage. What happened:Tenants moved in at the beginning of May, brought their own washer/dryer and had a Lowe's contractor install it. The contractor hooked up the drain lin...
Brandon Ribeiro
Real estate agent marketing
Do any of you agents have Prior experience with flyers, door to door marketing or anything of the sort? I was going to try and do a marketing campaign with some flyers or something but wasn’t sure if it would be an ef...
Waleep Alvi
How to deal with self-employed tenant
I have rental applicant who is self-employed. He works as a freelance blog writer. I am not sure in the stability of this career. Anyone has any thoughts? Thanks!
Robert Littke
Options to tie up land
(I posted this in another section but I think it's better in commercial)
I have a situation where I am looking at a 5 acre parcel of property worth about $250,000 that I would like to develop. The issue is, it is conn...
Gary Kurtz
Beneficiary Deed
I just found out that a tall grasser in our town has an 87 year old owner who apparently lives a couple of states away and it's listed in the free public records on line as a "Beneficiary Deed". Is this more than ...
George Paiva
Where did the 2% rule originate?
Hi Folks, I thought there was a sticky somewhere spelling out the 2% rule and how it originated. Maybe getting confused with the 50% rule. But anyway want to find out how to back up the 2% price valuation.
Kevin Dugan
Best way to structure this deal?
Current situation is house in Lancaster CA is being rented Section 8 housing, balance on mortgage is 104K at 3.5% current mortgage payments are 600, rent payments are 1400. The customer wants to sell for 135-137, ARV...
Kevin Drysdale
Multifamily Properties
I am in the midst of setting up a partnership with someone and it is looking like we will end up with about $60,000-$80,000 of investment capital. We are wanting to have multifamily properties and wonder what a goo...