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My tenants have rented the property for 2.5 years and have always been good tenants. I rent the property about at market rent, i don’t include certain utilities in the rent cost (water, electric, gas), i have laundry ...
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I AM A BANKER AND PART TIME REAL ESTATE INVESTOR, LOOKING TO GROW MY REAL ESTATE BUSINESS TO A POINT THAT I MAY TRANSITION TO BEING A FULL TIME INVESTOR. MY DUPLEX (TOPIC OF THIS THREAD) WAS PURCHASED THIS YEAR FOR $1...
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Was supposed to close on a 4 plex Friday 3/20. Final closing docs were late getting out to me but were signed on 3/19 evening and shipped the next morning. Disbursement date on the docs was 3/20. The docs did not a...
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Some of my developer clients are very focused on prime land to develop in Miami near the water. There are very few that I have found and I’m still looking but there is less and less land to develop.
What is the best...
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I've been managing a handful of rentals for the last 15 years, but you learn something new everyday either about the business or about yourself. I'm writing this as I sit here mid January in the freezing cold when e...
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My tenant just informed that he accidentally burned holes on the carpet. Apparently this happened a month ago and he was afraid to tell me. His lease is expiring next month, and we were negotiating for an extension. H...
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Hey Everybody,I am trying to get started doing BRRRs in northwest Indiana, but I have never done a BRRR before. Really, I want to get started but there is so much information out there that I am trying to make sure I ...
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My main business model is to rehab and resell to an end user.
I got a call from a guy who owns a 4 family house. The layout is a 2/2/2/1 bedroom. Fully tenanted month to month except 1 who has a lease. He say...
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Hello BP,I'm sad to say an amazing deal might have fallen through my fingers. There was another buyer who put in an offer a week before mine and his offer was less money but also less time. I didn't know the sellers w...