Jeremy Gotro
Lease Option - Need Advice
10 September 2018 | 12 replies
I've been contacted by someone who wants to do a lease option on the home.
Vic Caldwell
Tenant wants to pay bi-weekly. Thoughts?.....
1 August 2018 | 2 replies
On your lease change the "monthly" payment to "bi-weekly" and spell out that means every other week.
Will Stanton
Commercial Real Estate License
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.
Jeff Bridges
Selling Rental: 1031 or eat taxes?
2 August 2018 | 8 replies
But look into the new qualified opportunity zones. https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
James Mcgowan
Payoff a rental mortgage?
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.
Lisa Jones
Need help! Please analyze this deal...
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.
George Evans
Self-directed IRA to invest in real estate.
3 August 2018 | 17 replies
This is also a topic of frequent discussion, I suggest you search the forum for related keywords and results will keep you busy reading for hours...As you read you will see who the real players are, do little due diligence, review their references and then contact 2 or 3 to speak directly, then make your choice.
Jupshy Jasmin
How do tenants pay their rents?
30 April 2019 | 41 replies
I also like that I can send leases and lease renewals and have tenants e-sign.
Jorge Vergara
Property Manager in Richmond VA
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
Satish Subramanian
Just Closed on my First Rental!
2 August 2018 | 8 replies
My fiancé and will be married and that’s when our lease is up.