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Hey BPers,
I did some market research in my area (Miami) and found where all the houses are being foreclosed or have been bought with cash in the last 6 months. I knew they were in bad neighborhoods but I went out a...
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I am considering a short sale property as my first investment prop. Based on comps in the area, it's about half the price it should be - however sale history shows it's about 40k under what it should be (previously so...
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The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...
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I was recently laid off from my job. My wife has acquired an opportunity to work from home for 3000 net per month. Our expenses to run our home and live our life are 2000/month. This puts us into the exact same pos...
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Hello, I am a new investor doing my due diligence regarding the purchasing of single family foreclosures and REO's. Besides not being able to get a full snapshot of the condition of the property, what other pitfalls s...
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I inherited a tenant that was playing loud music at all hours of the night and having friends over where they would have weird screaming parties (drugs maybe?) Anyway, I send him a 30-day notice to leave the premises ...
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I'm currently renovating a SFR for long term hold as a rental unit. I've noticed that the gas meter has been installed in the driveway where it could easily be damaged by any vehicle pulling in or out of the property...
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I just came across an older thread about wholesaling in Florida that basically said it's illegal to get a property under contract then market and sell it without a broker's license. This has me concerned as I have th...
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Hello fellow BP members,
I'm a new investor looking to purchase my first multi-unit property in Los Angeles. I've made multiple offers on three and four unit properties over the past four months without any success. ...
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Accept rent payment from one person only!The most common reason landlords terminate a tenancy is for nonpayment of rent. If a tenant does not pay the rent before the end of the day it’s due, a landlord can immediately...