All Forum Posts by: Greg Shell

@Bob Romano

Start the eviction process immediately. This guy is a bad tenant get rid of him.

Someone once told me,"train your tenants before they train you."

@Jen W.

I inherited a property with a pit bull and my insurance was cancelled. I was able to get another policy through https://nreig.com/ in which they do not exclude any dog breed, but they do recommend not allowing aggressive breeds or at least require the tenant to have a separate pet policy covering the dog.

What is an advertising "Bot"? I hear talk of people using bots to source deals but not sure how it works.

Thanks

Burn sage throughout the whole house, then tell her it's gone.

Hi Michael,

I sent you a PM also.

About the HELOC question, I recently got one on a property through Suncoast Federal Credit Union here in Tampa Bay. I like the HELOC because it's a way to borrow money without over leveraging. I would be careful with borrowing too much money to purchase a property leaving little equity. Having said that, they are usually a higher interest rate loan as opposed to a conventional mortgage and the max that Suncoast will loan on a HELOC is $100K. I'm sure other institutions will loan more.

I hope that helps a little.

Hi Justin,

Is this property still available?

What is a "butler rebate"?

Thank you everyone for the information! Greatly appreciated.

Alexander E. thank you for the information!

Hello BP community,

I am a newbie to BP and wanted to introduce myself with a question regarding minimum credit scores for commercial leasing. I own some retail space and wondered what the minimum credit score requirement should be for prospective new tenants. The property is located in a low income part of town (not the best area but not the worst either) and I tend to get applicants that have low credit scores. So what would be the recommended credit score range? Any recommendations or information is greatly appreciated.

Thank you in advance!