Hello, i am venturing into the flipping side of realestate and have already submitted offers to buy couple single family homes to rehab. I don't plan on flipping to be a full time job but anticipate doing 2-3 flips a ...
So Im trying to get my head around this. Lets say I have a LO deal I want to assign. (a cooperative assignment LO)The Seller only wants 1 month rent as a security deposit.The TB has 10k as option consideration.Wouldnt...
Hey everyone, one of my STRs located in Florida has been receiving a huge increase in attention, inquiries and bookings. I'm wondering if my fellow Floridian STR owners have seen the same. The inquiries mostly break d...
I got divorced last Summer and got a property as part of the divorce decree. The title of the property is in both of our names. The mortgage is only in my name. I want to put the title in my name only. I plan to u...
Hi BP!
Wanting to know if you, as a landlord, have ever taken the "possible tenants" life circumstances into consideration?
If they have a low credit score, but have had past rents paid?
Thank you!
Hi, I'm wondering what those of you out there would do in my shoes. I'm toying with two different properties to buy, I'll call #1 and #2:
Background of #1:
-$210k 3/2 1,500 sq ft SFR on 6k lot
-In older B- neighborh...
When doing a lease option assignment I know you ask for an option consideration fee and a assignment fee if you are going to assign the contract , how would you put on the contract that your assignment fee will be com...
When doing a lease option I see the investor gets paid with the "option consideration" which is usually 3% or a bit higher but when doing an assignment does the investor replace the option consideration fee with the ...
When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...
I still have a few things to square up before I start looking for properties but recently learned that traditional lenders will only consider rental income after 2 years of being a land lord. I was at a real estate me...