Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
Hi BP community,
I am negotiating a purchase for a 8 unit building, 2 stores and 6 apartments, and the seller does not want to provide schedule E for 2 years for the building. They had agreed to provide all leases an...
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*This link comes directly from our calculators, based on information input by the member who posted.WE NEED YOUR ADVICE!! Hi, me and my husband purchased our first home in April 2020 (Bought it for $312,0...
So I inherited a tenant who has been there since 2009... I think he used that to try and reason with me on stuff. He is also paying 150 dollars below market rent..... So we had to address that and that there will be ...
Hi all!I'm seriously considering selling my rental property, which used to be a townhouse we lived in. My question is, when do I tell the tenants I won't be renewing their lease and will be selling the property? Shoul...
This post is directed right at my fellow investors in Augusta, Ga. Does anybody put a clause in their rental agreements that the tenants must leave for the weekend of the masters tournament (Thus allowing you to rent...
Given the push for rent control schemes in Illinois -- and no doubt
elsewhere -- to limit year-over-year rent increases regardless of a
change of tenants, or to "preserve" as rent controlled an
apartment where a ...
I am managing my family's rental property and have been receiving applications for about two weeks. We have rental criteria that applies to every applicant, and so far only one has come close to meeting all of the cri...
I'm wanting to purchase my first rental property as being a 3plex or 4plex but I notice the mortgage may be 60%-75% of my income. i know most places would deny this but, there's some properties that'll say that there'...
Hello,I own 2 rental properties in Northern Virginia. Our house hold income is above 295K. I would like to get guidance to protect these assets and future rental properties (buy and hold) as well as get a break from t...