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I see that the term "turnkey" is being widely used these days by seller and agents alike in their marketing. So I thought I'd take some time to point of the difference between "turnkey" and what we are now having to ...
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
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Hi, all-- Before my fiancé, @Raymond Northcutt, and I had the notion to get into real estate, we were both renting. I was fortunate enough to have a landlord that gave me my entire deposit back on the spot-- no issues...
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Hi All,I am looking to fund some RE investments via private financing and had some general questions I was hoping the community could give me some feedback on.Obviously, the terms around a private loan could be struct...
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Does anyone have blank template or form that I could look at to draft a contract for a potential buyer? Thanks.
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Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
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I received a response from a yellow letter I sent to a probate lead this morning. The daughter says they want to sell the house and would consider financing the sale (the home is free and clear).
My question is when ...
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Hi BP members! Happy holidays to you all.I’d like some advice on a flip I financed in central Phoenix . Basically I’m 127k into the finished flip. The labor partner ( guys who did the flip) are in about 10k, the rest ...
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Hi, I recently inherited a 6 unit apartment building that is located in a prime East coast location. Three of the 6 tenants have been there for a long time and the previous owners chose to forgo raising rental fees on...
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Is it worth buying multi family properties in D class neighborhoods if your getting $200 per door cash flow?