Hi BP- looking for some advice for a new property management company entering the Philadelphia market.Background: After a few years of investing and managing my own Philly homes- I'm now the proud owner of a newly lic...
Hey BP,
I am currently analyzing multiple deals in my area every week, including single family and duplexes. Each time I get more and more insight on my local market as well as continually get more sound in quickly ...
I purchased a home in Florida which would be my primary house. My closing is a few days after Jan first. The home is already homesteaded by the last owners. From what I understand I can't homestead the property until ...
Looking to add laundry equipment to a small 8 family unit,any and all pros & cons to purchasing or leasing
I viewed a Houston, TX area listing for a 2 bedroom/1 bath recently and discovered that the house is actually a 3 bedroom due to a converted garage that was most likely done without permitting. I assume they wished t...
I am currently about to rent my home that is under a FHA mortgage. I have lived in the home for over a year as my primary residence. My monthly note is $1,238.00 a month and It will rent for $1,675 a month. I only pla...
Hi BP,We have a triplex under contract on the Texas Coast and about 1 week from close the current property manager leased out the second unit. When making an offer and having it accepted, 1 of the 3 units was leased.T...
I have a tenant whom deducted some money from this months rent for the purchase of salt and sand. She included the receipt of a local store but sent me NO previous notification. The law here for this type of stuff g...
I will try to keep this short and to the point. We sold a property and hired a QI to handle the 1031 exchange. Our Replacement Identification did not include a percentage ownership (it was/is assumed at 100%) and by t...
I was wondering if anyone has ever done a manual underwriting loan simply because they had no credit?A little background about me: For the longest time I never believed in credit. I have never had a credit card. I hav...