Clearly there is a lot of due diligence required when acting
in the capacity of a private money lender, but are there any particular
measures that one takes to help to ensure your financial protection such as ...
I was thinking it might be worth adding to the budget monthly (or biweekly) expenses for cleaning services for each unit. This would not only provide me with a monthly check-up on any problems (leaks, etc), but also ...
I’ve come across a duplex in my area that is for sale for $125k. Both sides are 2 bedroom, 1 bath and approx. 780 square feet. It is a bank owned property and the bank is only accepting cash offers. My contractor and ...
Hi, from time to time I get emails from people who claim to be Private Lenders. Has anyone else gotten these? They ask if I have any properties I'm looking for finance. How would I determine if its a scam or real. ...
The four jobs of a tenantRental property that produces a positive cash flow is the Alpha and Omega of real estate investing. To have positive cash flow, you need to have a tenant that pays well. But is that all that y...
Hi everyone,I am in the process of offering on a property that currently has aluminum wiring. With all of the unknowns from possible lender and insurance requirements, my question is, should I run from this deal beca...
My tenant has been missing timely rent payment, explaining her financial hardships. In an effort to change the tenant I said i need to sell the property once her current lease ends by Dec 31st. She sent a notice aski...
I'm new at this, so please be kind! This is my first MTR and only rental at this time, I had one set of traveling nurses who were awesome and I just got a call from a second potential renter, yay! The unit has been va...
After recently relistening to a few podcasts (namely #224 with Chris Clothier) talk about his backdrop came up. He has large whiteboards all around him tracking things like seminar schedules, KPIs (key performance in...
I would like to get some advice from fellow BP landlords on this.I have a tenant (inherited from a purchase in November 2014) whose lease is up the end of May.Around end of March, over 60 days from lease expiration, I...