Katie Van Koooten
Looking to sell rental properties with existing lease in place
15 April 2024 | 7 replies
However, like @Ellis San Jose mentioned above, you will command more $$$ for your property if it is delivered vacant (unless you are getting top market rent for that unit).If you do sell with tenants, be prepared when the prospective buyer requests rent rolls, estoppel certificates, rent history, existing leases, rent due dates, security deposits, and any other written or verbal agreements.
Huiping S.
How to prevent work group booking for short-term rental?
16 April 2024 | 9 replies
The property is good for a family .
Jeremy Anan
Seeking Advice on Structuring Seller Financing
17 April 2024 | 8 replies
Additionally, we may include clauses allowing for mortgage assignability and a balloon payment extension if the property fails to appraise for a specified price upon balloon expiration.Find below the 3 single-family seller finance deals that have done so far. 1st Deal breakdown: Purchase price: $330,000 Loan amount: $305,000Monthly payment (P&I): $1,181.55/mo40-year amortization at 3.5% interest rate20-year balloon paymentMarket Rent: $2,100/mo__________________________________________2nd Deal breakdown: Purchase price: $200,000Loan amount: $175,000Monthly payment to seller: $500/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,200.Market rent: $1,750/mo__________________________________________3rd Deal breakdown: Purchase price: $175,000Loan amount: $160,000Monthly payment to seller: $437.50/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,400.Market rent: $1,500/moFeel free to reach out if you have any questions!
Bryant Hull
How much should I value the purchase of a property management company?
17 April 2024 | 39 replies
I do some management for a family member and wonder if I am being paid too much or too little?
Jason Turgeon
Real Estate Software Roundup (long)
20 April 2024 | 33 replies
They also cap ACH transfers in at $5000/month, so if you're in a high-rent market you might not even be able to accept all your rents from a multi-family property through their system.
Michael Clark
Getting my first property, whats the best app/site to use to collect rent?
15 April 2024 | 8 replies
All you need is a single place to track tenant information, payment history, maintenance, and a few other things.
Jarrett Lukas
Reno, NV Real estate insight
16 April 2024 | 1 reply
I'm with a brokerage that specializes in single family and small multifamily and have personally house hacked twice in Reno.
Bryan Avery
Take a Paws
16 April 2024 | 0 replies
Investment Info:Single-family residence private money loan investment.
Jessie Cervantes
Eager To Buy | Who has deals?
16 April 2024 | 1 reply
Hey BP Family, fortunate for me I'm now in a position where I have capital but no deals!
Ken Livingston
Business trip tax questions
16 April 2024 | 3 replies
But if you're staying with family or friends, your claim of "just for business" becomes suspicious.