It’s also worth asking the seller for more details on the tenants’ payment history and lease terms.If you’re new to this market, local property managers or real estate agents can give insights on vacancy rates and tenant turnover.

The new population coming to Detroit are young and talented people who want to be part of the rise of the Motor City. 

There a ton of opitions for investors and a few new programs have just opened up that are making it easier to build an REI portfolio. 

For bigger deals, it’s always a good idea to set up a new entity, like a special purpose vehicle (SPV).

starting by just brokering loans is a good way to start in states that do not require a license.. raising capital from private investors to make loans is a long process And very difficult if you do not have a long track record or pedigree in the industry.. if someone is brand new they really need to go work for a lender first.. other wise IMHO the chance of success is very small.

A new tax year is upon me and I'm thinking of buying quickbooks, as it would help me file my taxes and would look better to a lender than the expense sheet of my own creation.Thoughts? 

Hello everyone, I am a new user on this platform and joined because I am interesting in investing in multifamily and connecting with experienced investors.

I'm new to BP.

For rental properties, travel expenses for investigating new properties are not deductible unless you've identified a property to purchase, in which case these costs are added to the property's basis. 4.

I had a similar situation and simply rewrote new and separate leases and deposits for each tenant.