I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...
Looks like my 1st property will be an FHA owner-occ quadplex. I've heard time and time again that there's no need to hire out property management for this small multifamily. What I'm unsure of is how I would handle ...
I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent. Should this stop me from buying the properties? Wi...
Here is a bit of background: A friend of mine and I have teamed up and are diving into real estate. Neither of us have any substantial cash on hand but we both have good jobs and good credit. We’ve teamed up because...
For all those landlords operating properties in cold climates, please share your thoughts on winter readiness processes. We send tenants a letter or text alerting them to some common winter issues:1. Disconnect garden...
Hello all,I'm thrilled to join this community as I embark on my real estate investment journey. I'd greatly appreciate advice from experienced individuals here on how to identify promising markets and deals remotely. ...
Last security deposit question - promise . When my tenants moved in 6 years ago , they brought their own fridge and put mine in back shed ( without asking— They just told me ).When they left today , it’s still in back...
We have tenants that signed a renewal notice back in October agreeing to a rent increase and continue their tenancy. Current rental agreement was set to terminate on November 30. New rental agreement was prepared an...
Alright, so it might not be "breaking news" but it's news to some. So many of the threads and forums I’ve read since joining BP in 2018 have pushed the power of leverage and maintaining a high LTV to boost your ROI a...
I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...