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Hi all -- looking for your opinions on this. I have a duplex in NJ and my mortgage loan is a 30 year, 5.625% rate, 77,175 initial balance, opened August 2018. It's now down to about ~75,000. My principal and interest ...
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Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...
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Finally closing on my 48 unit complex on Monday! It's been a LONG process but it's finally coming full circle . I appreciate the input on a couple past post I made in reference to this deal.
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Hi Everyone,I closed on my first rental property at the tail end of last year, and had tenants moved in for about a month. Given that this is my only investment property, and it was owned for such a short amount of t...
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Very good tenants left on 15th during month to month after 2 years, leaving the place immaculate. I easily re-rented the vacant unit immediately for the 1st, without having to show it with them in the process of movin...
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Hi,
I am negotiating on the purchase of a four-plex in Arizona. The seller just countered my purchase offer stating that they don't have any of the security deposits for the tenants in the four-plex.
...
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I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...
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Question: a student moved in to my student rental on June 30th. I let her move in a day early because she was traveling on July 1, free from rent for the 1 extra day.
Yesterday, she tells me her father was diagnosed ...
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Hey guys! I am looking for some advice and suggestions on streamlining my rent collection efforts. I currently own and manage 9 rental units. In any given month, 5 out of 9 mail me checks while the others pay me in...
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Hi All!I've been soaking up tons of info over the last year and a half and getting my credit scores and savings up to par and finally feel able to pull the trigger on investing. This is my first post to the forum. I c...