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8 February 2025 | 10 replies
My question is, if I was to proceed with the Subject To deal, will this somehow be discovered?
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19 February 2025 | 6 replies
Quote from @Don Bessette: I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought to my attention.It is also well below market rent, and they struggle to pay the current rate.Looking for suggestions on how to gently proceed with the notification to move.
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19 February 2025 | 25 replies
I'm looking for a market where I can park the proceeds from my previous property and create some cashflow.
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18 February 2025 | 1 reply
Purchase price: $350,000 Cash invested: $11,500 With the proceeds of the sale of our first fixer upper we purchased this duplex which we moved into one unit and same month purchased another duplex in another town to BRRRR.
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20 February 2025 | 9 replies
I found someone in my area with a decent amount of experience in real estate who advised me to first purchase a single family home of my own (starter home) then proceed to use that as my first rent house in a few years time.
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19 February 2025 | 9 replies
Proceed with caution and make sure you create enough room for value loss.My client recently had this issue and I told him only way to take this is if seller repairs it and lowers price significantly for value loss.
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13 February 2025 | 2 replies
Is it like the following:a) Make an offer on a 5-unit that the Seller acceptsb) Do my inspections, come up with gameplanc) Present the lender with final gameplan, once approved then proceed to closing & get the keysd) Have XX days to convert to a 4plex?
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7 February 2025 | 4 replies
Despite this, I have tried to be patient and haven't initiated any eviction proceedings, even though Hawaii Tenant Law allows me to issue a "notice to pay rent" after just 5 days of delinquency.I've heard that if you're having issues with a military tenant, you can contact their commanding officer to help resolve the problem.
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17 February 2025 | 0 replies
Faced with these burdens, many owners choose to limit their renovations to cosmetic work or, worse, proceed without permits to avoid triggering the requirement.This raises a crucial question: which is safer—a fully gutted and renovated building with modern electrical and heating systems, rebuilt to 2025 code but without sprinklers, or a building where the original, outdated wiring and heating systems remain in place because owners chose to avoid triggering costly sprinkler requirements?