Rob Lee
Should I buy a property with non paying tenants
I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent. Should this stop me from buying the properties? Wi...
Brent Zande
Why is there so much Happy Talk???
In 2010 I had the rose colored glasses knocked off my face hard and I am trying to understand why and how there is such Happy Talk right now about the economy. I am trying to figure out if it is my pessimism based in...
Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Account Closed
Short Term Rental- 30yr home loan allowed! Do I need to buy this?
I live in a major vacation destination town. I believe RE prices are still pretty low and will grow a lot. I'm 53, with few assets, no debt, and want to get into the market now.I can't afford to buy a home AND a r...
Meryl McElwain
So-anyone still paying rent?
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Steve LeBlanc
Where Are You Getting Your Cash Out Refinance Today?
With all the underwriting guidelines changing due to COVID, where are you folks finding "decent" deals on cash out refinancing that's worth looking at? I'm finding that either the rate is not attractive enough or the...
Lloyd Segal
Economic Update (Monday, September 14, 2020)
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain...
Brandon Turner
[Pro Only] My Tenant Caused a Fire... and Denies it. What Would You Do? (With Photos)
Hey Pro members,
I've got a tenant at my triplex who has been causing some trouble for us, and I'd love to get your thoughts. (I'm putting this in the PRO only forum because I don't want the tenant seeing thi...
Nicole Clemens
How to compensate private lender....
Hello there, I am newer to real estate investing. I've done a few flips and have a few rental properties, but am really interested in learning more about partnerships and how each person involved in the transaction i...
Mark Lewis
SELLER REFUSING TO PAY BACK TAXES AFTER CLOSING
Hey BP’ers!
Has any here ever dealt with this situation before?
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...