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Hey everyone! There are a ton of posts on BP about how to find and buy your first property. I am now a few hours away from actually closing on my first deal and I just realized I have no idea what my next steps are fo...
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Hey Guys,
As part of DIY discussion, how do you manage your own property and why (or why not) you prefer (or do not prefer) property management professionals to handle it?
Do you use any property management softwa...
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Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
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I have received a letter from EDCO Disposal Corporation stating that my tenant is past due on several payments, and that if the amount is not paid in the next 30 days ( by the time I got the letter it would be only...
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Hello Friends.
My title may have caught your eye. Last Friday, I turned 18. Finally able to get involved with Real Estate, which has held my attention for many years, I want to know EVERYTHING about getting i...
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As a general practice real estate attorney and property investor, one of the most commonly asked questions I get is what a landlord's options are to evict a problem tenant during Covid. I hope the following will be he...
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We have placed a pre-auction bud at auction.com and have a title insurance question. Reading a lot of posts have not answered ours.Auction.com states: "Buyer may receive a Special Warranty Deed or equivalent if Buyer ...
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Hi all, I may have an opportunity to pick up a tri-plex that is fully rented. What is the process when purchasing and taking over the property from a managing stand point? Are there new lease agreements? What about se...
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Hi, I'm Florent from Toronto, Ontario.Newbie at investing in general, I have decided to start looking into it a few months ago and I am now ready to make a move.I currently work a full time job as an engineer and I wo...
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Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...