Lorraine Pennington
Payback Expectations: Commercial Vs Residential
Hi there, My strategy thus far has been buying D class buildings in B/ C class neighborhoods. I spend on average about $5k on each unit to rehab and am a buy and hold investor. I've done this to 22 units and average 2...
Bria Johnson
FSBOs wanting OVER market- can creative finance be an option?
Hello! My specialization is in lease options (specifically short-term lease options), so I am used to giving sellers FULL market value. Where I would like some support is for sellers that want WAYYYYYYY over full mar...
Dustin Baldwin
Renting by Room - Making a deal to Leave
So here is a rather interesting situation that I would love some input on. I rent my 3/2 house in St Pete, FL by each individual room. Two girls (one a close friend), just signed leases as of September 1st. The 3rd is...
Lisa Montana
Do I need to give a reason for not renewing lease in Baltimore?
Hey everyone,I'm sending a notice of non-renewal of lease to some tenants in Baltimore City. Does anyone know whether Baltimore City requires me to state a reason why I'm not renewing the lease? The tenants are expect...
Ryan Billingsley
Utilities switched before closing on the properties?
We are closing on two properties next week. The owner has just informed us "they" turned the utilities off and wanted to know if we wanted to have them turned on in our name. Is this normal to have the utilities swi...
David Egger
Tenant caused damage two days before closing
I'm two days away from closing on my second duplex and was given permission by seller to show the vacant unit and try to line up tenants for after closing. He's generally been pretty amicable, but I suspect that's be...
Cornelius Charles
Southern California 70% rule
Hi all. I’ve learned about the 70% rule when purchasing a property to rehab from multiple sources. This was going to be the rule of thumb that I used when doing a quick analysis of a deal. While trying to expand my...
Eric Davey
Transitioning into property management
I recently obtained my NC Real Estate license back in November of 2015. I currently am working a full time job, which has been good to me. My main goal is to become a property manager and utilize all of my experienc...
Account Closed
Selling a property that still has tenants
Hello! My name is Thomas Pascarella and I'm looking to sell a property that I previously house hacked but am now using as a rental property. My tenants are leased up until the end of February and my agent says it can'...
Michael Giaquinto
Calculating rent for a single family home
Hello everyone. I am starting to analyze properties and I am looking to see how much the subject property will potentially rent for. I am looking for other rents on zillow and craigslist to find a similar comparable p...