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Hello BP,I own 7 units, am closing on the sale of my first flip and I am working on my second flip right now. I also own 50% of a construction company and my role in the company is the business side (accounting, legal...
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Hello all,I have a current tenant in a duplex who was approved based on their current income. They have been with me for over a year and are good tenants so far. She just messaged me today that she applied for and r...
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Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
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So the first offer I ever made on a rental property has been accepted and I am feeling all sorts of emotions. I hope to replace my W-2 income with a combination on multi-family properties and vacation rentals. This is...
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Hello All!I have a quick question.I have read a great deal of info about seller financing and I feel pretty comfortable with a deal I just struck with a worn out landlord. But I just want to verify a few things.Can an...
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Hi,I have a potential tenant to occupy one of the vacant unit in Eastern MA area, it's a 3 bed 1 bath apartment. Tenant is requesting me to upgrade the cabinets in the kitchen because she thinks cabinets are old. As p...
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Newbie to this forum and hoping to get some insight from all of you experts!I have a rental property in Dublin/Pleasanton area and am wondering if I should sell and 1031 exchange it to a property in a more prime are...
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Hi BP,I met a wholesaler a few weeks back and have given my contact to her. The deals she have been sending is pretty good. However, I am new to this wholesaling business. I was wondering if I buy from a wholesaler th...
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Hello All,The quick story....I entered into a contract to purchase a quadplex in Noblesville, Indiana but the seller never did their part to provide the items I requested in the purchase agreement such as repairs item...
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I have NO EXPERIENCE in real estate investing, but am ready to take my first step. I want to start with a multi-unit property in the DMV (DC, MD, VA) area. What are some things I should first consider? Funding? Credi...