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I've agreed to terms to buy a six unit MF property in Rhode Island. My realtor is suggesting we get a lawyer to draft up the P&S. I'm fine with it but is this common for that type of property?
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I have a duplex in Columbus , OH. One side is traditional rental and the other side I have furnished and have been renting as STR. I advertise on Furnished Finder, Zillow etc. Recently I have had 2 different people...
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For those passive investors out there, which matters more to you - That your sponsor has money in the deal or that he/she has a successful track record?
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I get the concept. I lend them money and create a note that is secured to the real estate.The money is for repairs on the RE property itself. (homeowner has broken roof).Where do I start with the evaluation of wheth...
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What Am I Doing Wrong?I currently have two properties under contract that I got from foreclosure (two four-plexes that I am going to renovate and raise the rents). I am getting financing for these properties with a co...
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Hey Everyone, Does anyone have a recommendation for a good, thorough home inspector for the Morris County Area? I'm buying my first home and want to make sure the inspection is done right. Mitch
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Has anyone rented out to a traveling nurse before? I usually collect the security deposit plus first months rent at signing of the lease but she is saying her company will only pay the deposit now and half the months ...
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Hi Guys,My client and I have a project and I'm trying to give her some help, so naturally I come to BP!She is looking to remodel the kitchen by knocking down a load bearing wall, as well as move the kitchen sink/dishw...
My brother and I co-own a 4 bedroom home that we purchased fully in cash in September 2020 for $167,000. It is now worth about $200,000 conservatively. We rent out two of the rooms cheaply to friends, which collects $...
I work in the Detroit market (no not the surrounding areas, actually in Detroit), and cash for keys always seems like a 50/50 shot. Just wondering what other landlord/property managers have experienced with it. What...