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I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Seller is out of state and inherited a property from seller's deceased father. Deceased father's girlfriend (tenant) has remained in the property rent free since the passing of the father over 1 year ago. Seller and t...
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I have a house under contract here in Omaha. I agreed to buy the house as-is with no repairs to be done by the seller. I had a home inspection and discovered a couple of repairs that will cost me a few grand. I had ba...
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I have 5 houses renting and I am curious on what is next. I can save $9,000 a month and I am thinking of scaling but I am unsure how. or even to what. mobile home parks? apartment complexes? triple end lease. My goal ...
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Under contract with a 3 unit that has tenants that weren't paying during covid. they are all month to month and the building currently has some violations on it. Also, the rents are ALL well under market rents(almost ...
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As one of the few Oregon Coast Brokers working almost exclusively with investors seeking Vacation Rental Eligible homes I thought it would be helpful to provide some market insight into what’s happening in regards to ...
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Hello all!I'm asking for 1.5 month's rent for security, which totals to $5,700. Prospect tenant says he counters with $4,000. He's signing a 2-year lease agreement and we already came down on the rent by $100 after ne...
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Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
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Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
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We are looking to close on a deal that has taken a total of about 11 months to get approved. When we walked the property we came out with about $5,000 or so or of repairs needed on this property for various items such...