Joel Bentley
First deal but hopefully more to follow
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Torrington.
Purchase price: $81,500
Cash invested: $2,500
It is 4 units, 3 of the 4 are rented and has a nice cashflow. 4 ...
Kevin Allen
Does seller have to disclose their home address? (Pennsylvania)
In selling a property, does seller have to state their home address or is a Post Office box address accepted? In this case buyer was asked for a home address and submitted it; seller has only stated a PO Box. This i...
Mohammed S.
Advice Needed: First 100 Days Operating Plan post Multi-family acquisition
Hello All,
I am putting together an operating plan (the first 100 days) of a 20 -unit multi-family acquisition. Can any one can share their thoughts/insights of this First 100 Days plan such as the various e...
Gursimran Singh
Multifamily Deal Analysis
The property address is 509 Lincoln Road W, Vallejo, CA. 11 unit building that consists of (5) 2 Bed, 1 Bath units and (6) 1 Bed, 1 Bath. Asking Price - $1,595,000Yearly Analysis is based on average market rents 100% ...
James Haywood
Personal Properties and LLC Properties
I have 2 properties that I own personally and 3 properties that me and a partner own under an LLC. I have a GV number and separate bank accounts, however, do I need a separate email address? Seems trivial, I know, bu...
Precious Thompson
How do I find the owner of a apartment I am renting
How do I find the owner of a property I am renting ? I know it’s public records but can seem to find it through google search?
Noel Lumbo
Return Address on Direct Mail Pieces?
This is probably a remedial question, but a topic I have never seen discussed before. What are you using for the return addresses on direct mail? I would assume a P.O. Box would be the most logical "return address" to...
Cheryl Daniels
Tenant put Padlocks on all Rooms in Unit
Hi,During an inspection, I found that a tenant put padlocks on all rooms with doors without permission. He said that it is his right to have locks if contractors, etc enter his unit. Additionally, he will not provide ...
Joshua Levasseur
Fire Damage! What to do?
So i am currently working on putting a house under contract and upon inspection, i noticed some pretty extensive fire damage to some of the support beams running in the basement. The seller says there was a chimney fi...
Kelly N.
Golden Rule Lease Clause?
Hi BP,We have been leasing apartments in our multi family units for a while now, but have never before seen the possible need to include a lease clause with the Golden Rule in it- treat others as you wish to be treate...