As mentioned previously, what if he owes a ton of money on the property?

I purchased my first home out of college and have managed to purchase two additional properties in the past 2 years when I saw great opportunity.

>> Is there a Due on Sale Clause in your Mortgage with the previous owner?

Hi - I have a rental property in Albuquerque, NM and am currently looking for a better lease agreement than what I have previously used for tenants.I'm also looking to connect with other investors in NM to discuss opportunities in and around the state.Thanks, BP forum -- this is awesome tool for new investors!!

The only thing that I like Zillow for is to see the listing that it has about a houses previous listing activity.

Compressed natural gas is cheaper than propane but I have not seen fireplaces for CNG yet or individual tanks for CNG.As I said previously, I would not remove a masonry fireplace and chimney and would expect the costs to be thousands, its not an easy job and the repairs to reframe and drywall the inside and reside the outside are just too costly.I have removed swimming pools which I consider a hazard in rental properties but not fireplaces.

It has an addition that's only about a decade old and the previous owners look to have taken care of it.

Residential Assisted Living (RAL) is taking off NOW.Self-Storage has and continues to grow, a side effect of more people renting multifamily rather than buying homes.Multifamily value-add continues to soar due to demand also by millenials and empty-nesters seeking less work on the house and more flexibility to spend money on travel and exeriences rather than stuff that chains them down. for us RE "investors" it's the ticket to syndication, scalability and leverage.New multifamily buildings with modern concepts with mixed-use living (offices/co-working spaces, fooderies, mixed age and walking distance living with innovative rentable electric scooters, bikes, car chargers, and light rails) all in one beautifully assembled arrangement is what attracts 12000!

I am straight out of college and interested in purchasing my first rental property within the year.

Before I took possession of the building he had the previous owner send the upstairs tenants a letter asking them not to use thier exercise bike in the morning as it disturbs him.