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2 August 2018 | 5 replies
The Landlords name apears on th lease but everyone says buy prpertIes In an LLC not In your name.
10 September 2018 | 12 replies
I've been contacted by someone who wants to do a lease option on the home.
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1 August 2018 | 2 replies
On your lease change the "monthly" payment to "bi-weekly" and spell out that means every other week.
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3 August 2018 | 8 replies
I am pretty sure all you need is a salesperson license to represent clients buying, selling and leasing, commercial property.
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2 August 2018 | 8 replies
And positioned to not get hurt.If anyone an make sense out of opportunity zones @Natalie Kolodij will do it.One other option that could make sense is to take $150K cash and put it into a debt free fractional product with a long term corporate lease.
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1 August 2018 | 4 replies
Hot area of Atlanta so selling would be pretty quick at 300k and leasing around 2-2.2k shouldnt be too big of problem even if slow down occurs...whenever that might be.
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6 August 2018 | 9 replies
It’s also in a city I know very little about (Norfolk, VA) here are the numbers- I welcome your thoughts/ insights:$259k - sales Price (4- unit building fully occupied)$1460- total mortgage payment (after 25%) down $305- Property Management Feee (10%)$105- trash (total water is $315 p/m but seller bills water to tenants and has it written in the lease)$60 - lawn careTotal rents are $3050Owner says monthly expenses are low.The best case scenario is net income of $737 assuming $400 extra monthly expenses (for worse case scenario unexpected expenses which always come up) and assuming all the tenants pay their rent.Positives- - Seems to be a good cash flow if expenses are kept low and everybody pays- 4-plex is located in an 85% residential area- building is ok condition (built in late 70’s) except roof is 18 yrs old- all tenants are gainfully employedConcerns- while the neighborhood visually looked fine, according to crimemapping.com its a moderately high crime area.
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30 April 2019 | 41 replies
I also like that I can send leases and lease renewals and have tenants e-sign.
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6 August 2018 | 4 replies
Hello BP members,I am seeking a property manager that is reliable and recommended for leasing to students and/or young professionals in the downtown VCU, Church Hill, Manchester areas.Thanks in advance for your input.Jorge Vergara
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2 August 2018 | 8 replies
My fiancé and will be married and that’s when our lease is up.