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Hi BPers,I am closing my 4th deal early next month in Kansas City, MO. This is tenant occupied property where the tenant pays $1150 a month for last 2 years with previous owner. Lease ends by June and I am in dilemma,...
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I was shopping an apartment for a syndicated investment this past week and was drilling the property managers on various topics. One of the topics that I have been getting a wide variety of answers is when I ask the q...
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How to choose property manager? What to look for in property managing company? What questions to ask of them?
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I am in the inspection period for a property in the Houston area that is tenant occupied. The equity is decent if the property appraised as high as the comps suggest, but seller did not rehab property to level requir...
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Good Afternoon!Wanted to know thoughts on a security deposits/fees. I have a property that is going to be rented out at $1450/month. The security deposit will be $1450 as well. Out of the $1450 we take a $250 Non r...
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We are now 60 days into our new business and it's getting a bit more complicated. Duplex #1 - tenant "B" eventually payed last months rent but is late AGAIN this month. My wife ....er, partner doesn't want evict bec...
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Hello, I’m new to the forum and was just looking for some advice regarding my former residence now turned rental property. I’ve been renting it for about 3.5 years now and have had two sets of tenants. The last tena...
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Hello BP Friends,There is a 12 unit apartment that I came across which is really nice. The current owner has owned the property for a little under a year and has updated the entire interior with new carpeting through...
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HI all, Thanks for all the discussion and help going on here. Hope I can contribute soon, but at the moment I could use a little help.We bought our first multi-unit property this summer and had to evict a tenant for u...
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So my first really creative financing type of deal is now complete, and it was a great success! Here's how it worked:I bought a house from a lady for $94k. It was purchased with no money down, with a term of 7 years, ...