I posted our house for rent with a yard sign as well as Craigslist. I received a call from someone stating they are calling on behalf of a family that lost their house in a fire yesterday and was looking to find hous...
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
Hello everyone! Im Kenneth, but everyone calls me, and can call me any of the shorts to my long name! Lol! I am a Florida native originally from Miami, Florida whom has lived around this state searching for the just ...
I purchased a 4-unit building gut rehab in Chicago, with a 203k loan.The contract had an “as is” addendum.My contractor applied for building permits with the City of Chicago building department.They were advised that ...
My grandfather passed at the end of August with a reverse mortgage in excess of $850k on his home that was recently appraised at $585k. HUD has informed us that they'll accept a short sale for 95% ($557k). I had the t...
single family home, so only one water meter, in Cleveland Ohio, new at renting- was planning on having tenant pay all utilities including water/sewer- if I keep the water/sewer in LL name- can I have the tenants still...
Hi everyone, I have a rental property in the Bronx, NY and my tenants have been living in there on a month to month basis since December 2021 (original lease started December 2020). I want to increase the rent but the...
Hi,
I am a LA resident, attorney, and first time investor. I have read various real estate books and found a few strategies that could work but not sure what to do.
1) The first option was doing an FHA or 5% conve...
How To Optimize Your Property Listings: A Guide To Attracting More Buyers & Selling Your Property Faster
In today’s competitive real estate market, it’s not enough to simply list your property for sale and wait f...
Dear BP Community and MF Guru @Joel Owens I need some guidance from our experts on analyzing the deal below. By the Numbers:A.Property Information:a.# of Units - 32B.Rent Revenue Assumptions:a.Monthly: $15,200 (Avg Re...