Steve Candor
First time buying a multifamily - Process of getting tenants to pay me?
So once I purchase the property (or prior?) what do I do to get the tenants to start paying me the rent instead of the older landlord? Do I draw new leases up with each one (they are already on leases) or just tell th...
Tyler Payne
Shared Building Owners Responsibility
Hello everyone, just a little background first. We own a unit in a quad plex that we currently use as an STR. There are two other owners who also do STR. A, who owns half the building and B, who owns the unit directly...
Kristopher Moody
Looking for some input on Biloxi
I have an opportunity that I am working on. Ten duplexes in Biloxi. Many standard indicators: Poverty 14.93%, Population Growth -.43%, and Rental Vacancy 13.6% tell me this is not a great area, but I see a strong dema...
Mark Forest
Property manager programs
I did a search for property management software. These were helpful, but I am wondering what the latest current scoop is on this issue. What accounting and general programs are you all using for rental properties? ...
Will Browm
Bank shut down
I hope I am not asking something answered a hundred times but I cannot find anything using searches.
I am looking at a house on the same street as my first investment house. Tax records (according to my realtor) sho...
Account Closed
Sharing a property's equity
I have been thinking of an idea. Say you buy a house and rehab for $80,000. Its market value rises to $100,000.
Can the owner offer partners a buy-in valuing the property at $90,000? More than he spent on pu...
Shequann Burrwell
hubzu sample contract
If im understanding the below text I cant assign the contract to another buyer without the sellers consent. should i try and push my much simpler contract or just request this one be changed so that i can assign wi...
Calvin Pickard
Rent question; 3 apartment house owned by 4 people.
I own 25% of a 3 apartment house, the other 75% is equally owned by three of my relatives (4 of us each own 25%). The house is fully paid for and currently is fully rented out (none of my relatives live there). The th...
Charles Kagahastian
How Much Does A Land Trust Cost?
My team and I will be using Land Trusts to wholesale properties. how much does it cost in attorney fees to set up a land trust? and sell a land trust? I was quoted $5000-$7000 to handle all the paper work. They give u...
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Business Plan?
I'm planning on investing through an LLC, but I am having trouble with a business plan. I know what I WANT to do (buy, hold, and rent) but putting it into a format that is presentable, while addressing what I want to ...