From a note owners perspective, I'm a little confused regarding what happens to excess equity when the note owner is forced to foreclose.
Lets say for example, I own a 2nd mortgage. For simplicity lets assume...
Im 35 years old, I'm interested in purchasing a fixer upper SFH for my first property and I'm clueless about repair cost. The property I'm currently looking into is listed for 115K. The listing agent has put this in ...
Hello my seasoned REIs:I just purchase a property that has a long-term tenant (14 years) that her rent is well below the current fair market rent (25%+ less by its similar condition). The unit is in deferred maintenan...
I have solar on 2 out of 4 properties and it is time to finish the job... Anyone on here certified to do the install for the solar systems on 2 separate homes? I will be purchasing the solar systems myself, I just ne...
Hello BP, I'm primarily looking to buy and hold, but I don't have enough saved up (nor will I in less than 12 months) but while thinking on it today I think I may have found a solution. I'm not sure how realistic i...
Ask your Buyer's Agent to email you a copy of the MLS BROKER SYNOPSIS before looking at any properties. This is different than the standard MLS sheet that buyer's agents send their buyers which hides information and p...
Hi BP'ersMy tenant, who is on a month to month, notified me that she would be moving out on February 20th. She did pay rent for the whole month of February. I called her yesterday to confirm that she would be moving...
Hi I had a very old guy contact me, he owns 18 units and they are free and clear but my problem with it is they are all Efficiencies, they are only 70% occupied with long term tenants because the rents are very low an...
Hello,
I just wanted to get an idea if you guys have a separate vacation rental agreement that you have your guests sign outside of Air Bnb when booking a reservation? Or do you put a general disclaimer on your listi...
So I screwed up last year, or at least according to my current strategy. I refi'd my 30yr mortgage on rental property down to a 15yr, and paid points to get down to 3.5% interest.
Now I'm wishing I pulled cash out s...