Hi all, per the rental lease, tenant is responsible for all utilities except trash. I receive a courtesy copy of the water bill each month. The renters have NOT paid a water bill since they have moved in (9 months ago...
I’m am getting ready to close on a 4 unit but also would like to present a creative solution to the seller for his primary residence. Any advice? The seller is in his late 80’s and not in very good health. Not marr...
Hello all! My wife and I begun our RE investing journey about a year ago leveraging 2 HELOCS on our primary resilience to purchase STR’s. We are cash flowing pretty nicely now and we’re wondering if right now is now a...
I am looking to purchase a new home and sell my old home, which I have about 300k equity in. I will be recasting my old mortgage to the new property. However, when I recast the mortgage, I only want to put 200k back i...
I'm looking for a source for a business line of credit: I have fair (560-640) credit, but also quite a bit of equity and rental income history across two properties. So I've been slowly working the rehab on an investm...
Hey BP,It’s been quite the year for sure... putting COVID aside, I can say I’ve seen and heard some pretty amazing stories from investors here on Vancouver Island. We personally have transitioned from purchasing Turn...
Hi Everyone - looking for some advice. Background - tenant is on Month to Month lease. His lease states he has to give me 30 days notice. He has a security deposit equal to one month's rent.
Long story short, I texte...
Long story short a family member is interested in buying one of the homes I will flip through a HML. My name will also be on the mortgage once they purchase it through a conventional loan. If I did that would that int...
I just spent an hour talking with an owner 2 months from foreclosure. They have had 2 people try to work their SS magic to no avail. I believe the last one was another investor in the area and the owner shut it down...
I have a 90 year old friend with a triplex. A few years ago, a pipe broke in the upstairs. She hired a family member to fix it but ran out of insurance money before he could complete it. Now the building is sitting th...