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I recently sent a letter to the out of state owners in my county. It's been about 4 weeks and so far I have 32 responses out of 544 letters sent. The letters were hand addressed/stamped and this is a 5.9% response ra...
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I currently have an offer accepted on a duplex in the Indianapolis neighborhood. One side (2 bed, 1 bath) will be rehabbed and rendered out upon purchase, while the other (3 bed, 2 bath) currently has a tenant from t...
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Hello BP!
My brother and I own a 4,000 sft Class C office building held in an LLC. We've owned it for ~18 months and have spent the time shuffling tenants and doing tenant improvements, and now we have it fully occu...
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Is anyone familiar with the "in and outs" of lease assignments? Especially with the respect to what the landlord can and can't allow. I read a landlord must be reasonable in allowing the tenant the ability to assign t...
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Hello, Currently in a process of refinancing a property we had under CD for couple of years with seller financing (owner still have mortgage in place). Is that true that you can not collect any money at the closing? O...
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I've been working on a purchase that's been under-contract for 12+ months: negotiating with lienholders, opening probate, etc. We are close to the finish line and a mortgage company has decided to get sneaky and it ...
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Please advise if these clauses in the contract are okay from the owner's (my) perspective? Anything, I should ask the Property Manager to add/update /delete to safeguard my self as an owner? Thank you!----- Owner her...
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Hi all, this is my first post because I’m literally trying to buy my first property. It’s currently a STR and the seller didn’t tell their property management that they were selling the property so now they are threat...
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I have a tenant who has historically paid rent late and this month is no exception. I'm very forgiving and to my detriment it has come to bite me as expected. Contract is currently month to month. I don't think the...
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does anyone have any rules of thumb used when looking to buy investment properties such as apartments?
could you post ?
i am looking to purchase,and manange one to start and more as i go.