Hi BP Peeps,So I have run into a good problem. Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment buildin...
I just secured financing through a HELOC. I think my price limit will be about $120,000 for the purchase and rehab. What characteristics do I look for in a rehab house that will allow me to add the most value? I get l...
Two of the applicants are mother and adult son, with a child that is a minor. The third applicant is a friend.The mother alone has good credit and makes income that is 3 x rent. However, when running credit, the third...
A property manager can alleviate the burden of screening tenants, collecting rents, and maintaining your property. But if you’re not careful, exorbitant fees and unexpected charges can quickly eat away at your cash fl...
Hi bp family! I have a question. The managemnt managing our building is collecting mgmnt fees based ont current rent roll regardless if the tenant pays or not. Is this normal or even fair for owners. All along i thoug...
Hi Everyone, Property Location: Albany, NY Last week I sent a rental application to 3 tenants. One of the tenants is a new applicant as their old roommates are moving out. They were the ones that originally qualified ...
What do you guys normally do if a tenant moves in without a pet but then they want to get one later. What kind of pet deposit is fair these days and is it fair to ask for more rent per month and how much? I know eve...
I believe ASC is reserving the right to pursue a deficiency, although it doesn't acutally SAY it like that.
Would someone be able to interpret this for me?
"Upon satisfaction of all terms specified above, the mortgag...
Has anyone had any experience with any debt collection agencies for past due rent? I had a tenant that owes me over $7K.
Hello,Quick question. A potential tenant has told me she has not paid a pet deposit in the past due to it being a service animal. She has given me a registration number for the pet.Should I attempt to collect a pet de...