Good afternoon,
I have been buying my first property for the pat 2 months: a triplex. I'm using a 203k loan, which just came back from underwriting--with conditions. I need 3 months of mortgage reserves, which can't ...
I have a house that every month the person is late. I charge late fees and so far he has paid them. But he is still late VERY LATE every month. I am continually running into trouble because I have to hound this guy...
Last year I purchased a four-unit multi-family with 50% occupancy. Before purchase, I noticed cat feces on the floor of one of the occupied apartments. It was concerning, but not a reason not to buy. I assumed, perhap...
Hello all, State of IL I have a tenant who moved in on July 2015 since we could not sell the house we gave him a 2 year lease. He stated he wanted a contract sale and we declined since we do not want to deal with that...
As a new wholesaler what’s a good standard introduction that I can give that won’t make me sound like I’m new and idk what I’m doing? When asked what I do do I just come out and say I’m the middle man? Marketer? What’...
Dear BP, please help! I am a brand new investor, and just closed on my first duplex today in Wisconsin, which has an existing upper tenant. The tenant had a verbal agreement with the previous landlord, of $500 per mo...
I have an eviction I want to pursue based on public safety grounds. I own a triplex and one occupant has a restraining order on another party in the adjacent apartment. The tenants I would like to be evicted were due...
It is inevitable that when you are in the MHP/Affordable Housing space you will have applicants who are Felons, Drug Addicts, Sex Offenders and have poor credit.Here is how I handle each of them:Felonies: It depends o...
It is a reality the various issues that can be faced with guests at a property, the key is to maintain clear and respectful communication with the host. They suggested always documenting any issues with photos or mess...
Is there any standard paperwork I need to sign with a troublesome tenant who, after long negotiations, moved out on time? Specifically, anything indicating that the lease is completed and both sides have no claims or ...