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Background: So I just purchased my first rental with my brother, and it came with tenants who are severely underpaying in rent. Their rents are 800/mo and 600/mo, and their leases expire on Nov 1st 2020 and Dec 31st 2...
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I'm in the closing process for my first RE deal! It's a house hack duplex to get my feet wet. One unit is occupied and the other is vacant which is perfect. The current tenant has been living there for six years. Her ...
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Over the last couple days I've been going through the MLS data for Madison to find out when the best and worst times to list a home are. I've got the data for SF homes for the years 2015-2019 compiled here for everyon...
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I am on a local wholesalers email list (I will call him Bob) and I assumed he had a contract direct with the seller so I signed a co-marketing agreement with him and blasted my email list. The real owner (also a local...
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HI Everyone,In short, what happens when you decide to not renew a tenant's lease, give proper notice, and they refuse to leave? More detail: Having trouble finding this in the VRLTA, but I have a tough situation. Tena...
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Hi, I just purchased a property for $60,000 at the online court steps auction in Miami, FL. It was an HOA foreclosure for $13,000 past dues. The property is worth about $90,000. As always, I have done my homework, pai...
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Do I visit the bank to get funding before or after finding the property I want to buy?I'm starting out and have no idea when I'll find the property I'm going to put an offer on. Should I go to the bank now and start t...
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My recent purchase of a triplex came with three tenants, and they all have leases expiring in May, August and October 2015. The lease is a one page lease mostly focused on how much rent and little other details.Now o...
QQ - I'm bidding on a property and have been told there is another offer. The listing agent sent me a "highest and best" deadline which I responded to. About the same time I submitted my offer, they scheduled 3 open h...
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Facts:-I am closing on a 42 unit mixed commercial (29) / Residential (13) property in Canada.-The current owner has maintained this property to a very high standard, and has treated all of his tenants like family.-Ren...