Vlad Selsky
clarification on 45-day replacement property
Next year my parents plan to sell two of their rental condos and exchange for a single family home that they will rent out to me. I have a question on the 45-day replacement properties. Are my parents obligated to onl...
Andrew C.
suggestions for lockboxes or other system to secure keys?
I'm looking for suggestions for lock boxes for keys at SFRs.I'm not out of state, but I'm not a close enough drive that I can be there to meet the handy man for every repair call. I'm looking for a lockbox system wher...
Lara N.
Analyzing first time multi-family properties
Hello everyone,
What are the mathmatical formulas (cap etc) & some key strategic factors when analyzing first time multi-family property?
thank you & happy holidays!
Brad Perkins
Wisconsin month to month lease question
Hi! I recently purchased my first duplex in Wisconsin. We will be moving into one unit and the other unit has a tenant. This tenant notified us on closing day that he planned on moving out at the end of the month. The...
Lorelai Gilmore
End of lease - do I need to send any letter
We're coming up to the end of the lease with my tenants and they want to extend to a month to month but I don't. Do I have to submit any letter saying that their lease will be over on (lease end date) and not renewed...
Aaron W.
Options to complete rehab when nearly 100% occupied
Hello all,We are working on going under contract on a 40 unit multifamily property soon. The property is nearly 100% occupied with Section 8 tenants. The property has not been well taken care of and has a lot of defer...
Alexandra King
Wholesaling and The Earnest Money Deposit
When putting a property under contract with an Earnest Monday Deposit, is it possible to lose the Earnest Monday Deposit? How do ensure we get it back if we do not find an end buyer?
Brock W.
Phoenix - Sell SFR and cut losses or hold the property
Hello BiggerPocketers,I'm seriously considering selling a SFR, but want to get a sanity check from you.The property: 1150 sq ft, 3/2 detached home, 2 car garage, Estimated value $140K-$145KThe money: 2 years into a 30...
Jimmy P.
Foreclosed now want cash out refi
A close friend of mine lost her house in the fall of 2010. She now owns two homes outright and has had the same job making over 50k for 7 years. She has tried to find a way to pull the equity out of the homes so ...
Todd Young
$90,000 PSA Mistake... Oh My.
Here's the story. I have been negotiating with this large developer for a long time. They are buying the entire block on which I own a duplex, and have been trying to work me down into giving them the property at a di...