Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...
My big dilemma is the 2% rule. I see and hear everyone talking about it, and I am jealous of the ROI they are getting, but I have a few issues with it.
1. I really don't see this being possible in my market, not wit...
I got the inspection report for a turnkey property I am considering buying. There was one item listed in the 'Major Item' section. See language below along with pictures:"Horizontal cracking on East side of basement. ...
Hi all, I am new to BP and this is my first post. My goal is to buy a rental property (single family or multifamily) by the end of 2019. I’ve been listening to the BP podcast diligently and reading Turner’s book on RE...
We have pleasant, reliable, and non-complaining tenants with us for a year now, and we are thinking of extending their lease for two years instead of just one. The only disadvantage I can see here is that we may have...
Hi everyone!I’ve been owning my first multi family for just over a year now. My girlfriend and I live in the upstairs unit and we have a tenant in the downstairs unit paying rent. Throughout their tenancy I’ve receive...
This applies to C class neighborhoods. Having just been through an eviction and a non paying tenant for 6 months, should I rent without a lease? In Philadelphia the process was long and a lease didn’t seem to serve me...
Hello Everyone,I wondered how other investors have dealt with being taken advantage of or overpaying for real estate services.I appreciate any help you can provide.Amir
Hi,What is the best way to learn how and where to buy cash flow investment properties? Any gurus or academies you recommend?