So rent was due yesterday. As of today, still no money in my bank account. I provided a stack of deposit slips when we signed the lease and outlined expectations on how rent will be paid via deposits into my account. ...
Does anyone know if partnering with a seller of a multi family building could allow for the seller to defer paying capital gains taxes as follows: I partner with the seller by buying in for a fraction of the fair mark...
I'm just curious as to how do you go about notifying and penalizing a tenant of a breach in contract. Such as smoking inside property, or having a unauthorized pet and etc... IF YOU HAVEN'T SEEN THEM WITH YOUR OWN E...
Just curious to see what some valuations would be on a property in the area. A large local investor owns a ton of inventory which mostly is for sale right now. I think he's over priced on everything but I'm considerin...
Hi BP community!After hitting a very solid stretch of on time payments across my portfolio over the last 3 years, I’ve run into an issue with one of my LTRs where I have a tenant who now pays late every month. I’m no...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
Hello,I hope what I'm about to write is clear. Step 1)Our 3-5 year plan move from California to Tennessee and in the meantime move back in with my mother and rent out our home (comparables rent for $3,000 and our new ...
First of all thanks for reading this as I realize it is a bit lengthy. I just think this info is important in order to give proper context to my question.What would be a fair profit split on a deal where i bring all t...
Hi all, Well there's always a first for things and for me, it's being invited to my tenants wedding! I was totally surprised by this. They've been in my SFH rental property for nearly 2 years now (and are staying ano...
A thread I started today in another forum enlightened me to the fact that I haven't established my criteria. I may now be forced to go through with a transaction that is probably not the best thing for me (although i...