Satya Nagarajan
First Property. Vacancies are stressful!
I bought a quad 3 months ago in a B/B- neighborhood for $120,000. We took over from a previous owner that was managing the property poorly and 3 out of the 4 tenants had moved out from the time we went into contract t...
Nicole Allen
Private Money (from a company) vs Hard Money
Hi BP fam, What is the difference in Private Money from a company vs Hard Money. I understand the logic of Private Money from a friend or family member, but I don't understand the difference when a company advertises...
Ayodeji Kuponiyi
Am I Being Scammed? Origination Fee
I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
Jeremy Hale
What is the allure of a duplex such as this one that doesn't make any sense numbers-wise (as far as I can see)?
I see a lot of duplexes like this one:http://www.realtor.com/realestateandhomes-detail/5...While that is a bit of an extreme example (a lot of them will pull ~1600 in rent), there are still a *ton* of duplexes out her...
Angela P.
In discussion, not under contract though - legally obligated?
All - I have a moral and business conundrum. I have been in discussions with prospective tenants. They meet my credit score, income, reference checks. We haven't signed the official contract yet, but they have a copy ...
Alexander Santini
Wholesaling real estate by assignment of contracts in Florida?
I've been reading a lot about wholesaling lately, and it seems like a great way to build some capital if you can hustle. My concern is the legality of wholesaling in FL, to cash buyers by assigning them contracts on d...
Kyle Thompson
First Deal Nerves/Anxiety...
Hello all, I am 24y/o old entrepreneur in the process of closing my first deal. It has been a goal of mine for awhile now, but shit didn't get real until my offer was accepted. Then all these never before thoughts sta...
Mike S.
Unregistered Occupant Solutions
Current SituationI have had an excellent tenant that started at my property in January 2020 and never missed a payment through the pandemic and generally has been great. In the past month or so, her new boyfriend has ...
David Olson
Temple / Killeen / Ft. Hood Texas Market
My wife has a close friends who's family moved to Temple TX about a year ago. It wasn't until this past weekend that I began to run a search on the MSA in the Temple / Killeen area. The outlook according to the data I...
Stephen S.
Would you discount rent for a better tenant?
My question is based on:
A lower rent is an appealing feature to most tenants.
So if the advertised rent is lower-than-market I would expect the pool of potential tenants to be larger.
A larger po...