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I have recently bought several rental properties from a friend. He only had a few but I have 16. I am now managing these all under my company. When the leases come up for renewal I renew then with my company lea...
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Hello BP family, I hope all is going well with everyone. The reason for my posting this evening is to state my current situation and see if anyone could give me some words of wisdom and/or direction so that I can proc...
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There is a house in my neighborhood that has been sitting for a few months and I would like to make an offer on it, my RE agent says I need to get pre-approved for a conventional loan in order to make an official of...
I recently hired a property Mananger to Manage my property in Virginia and my tenant broke the lease 6 months before the lease is supposed to end. My property Mananger has not given me the security deposit. Is that ...
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Hello everyone,We all have methods for estimating operating costs when looking at a deal and mine tend to be fairly conservative. After chatting with several other investors recently, I've found many do not account fo...
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I am trying to understand how note buying works. I was looking at a non-performing note for sale and the unpaid balance is $79,300. The property value is about $10,000 and the seller wants $2,000 for the note. Is this...
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I'm constantly getting those 0% interest balance transfer checks from my credit card company. Most of the time they have a balance transfer fee of 3%, but my husband and I just each received a targeted offer with no f...
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I'm want to put together and implement a winning marketing plan and could use some advice from seasoned commercial real estate professionals.
I live in California, and have a background in construction management (r...
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Just getting started with an REO property, and here's what I've done so far, just wanted to make sure this is ok.
I found a REO that was just appraised at 140k for 53k. I placed it under contract and sent it to my li...
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Hello everyone! I have a question about how do we have to change now lease agreements according to the new eviction law in Upstate NY? Do we have to serve 14 days notice after nonpayment rent? Should be still have gra...