Asking Price: 50,000
Taxes(annual): 220
Insurance(annual): 450
Monthly Rents: 600

We have considered offering all cash.
If we take a loan, we are looking at around 200/month.

I already have 4 people interested in re...

Reasons to structure offer with seller credit for closing costs in Lieu of discount off list price

This is simply a Paper Credit. Its not as if the Seller is asked to bring a separate check to closing to ...

California law (and I think Oakland?) Describes
- The time range for economic hardship to end January 31st- Court claims for unpaid rent can not begin until March 1st- Previous unpaid rent is not grounds for eviction...

I have a new tenant and this is my first rental property who has had the property for a week now. He hasn’t moved in yet to be fair but in his lease I noted that tenant must transfer utilities with in 3 days in his le...

Hi all, how can one use a line of credit to add rental properties to their portfolio?  Can someone give me an example?  Bank said I could use it as the down payment and then get another bank to fund the loan.  I am tr...

Hi BP land,Last night I had to serve a pay or quit notice to one of my units.  Normally I have taped it to the door, but this time, due to heavy rains in the area, I placed it inside of their mailbox which is attached...

Hi BP,

Can someone explain to me the relationship between the Wholesaler and the Investor?

1. Do they (wholesaler) negotiate on your behalf with the seller for the terms? Or does the wholesaler and seller already h...

I have looking into financing and have come across this idea of doing an interest only loan to purchase a multi-family. The thinking is, I really don’t have a desire to own the property, but rather maximize the cash f...

Hi, We are living in an apartment in high rise building in midtown Atlanta. The lease ends in November. Due to Covid, we are considering moving to a house rather than the community living since we have 2 very young ki...

Are there any rules regarding the length of how long or how short a fixed lease can be with a tenant?As long as the lease has a definite date for the beginning and end of the lease, will it be regarded as fixed leas...