Hi, this is my first post as a new member and I have lots of questions. My first being, how do you secure your first rental investment mortgage after you set up your LLC? I already own my own home that I still pay a m...
Hey everybody! I have a cabin near Pigeon Forge under contract and am hoping to get some insights regarding security deposits for short term rentals. What do you typically hold for security deposit? I am using Your Po...
Erosion of rights continues in NJ....governor just signed an order allowing tenants to elect to use security deposit to pay rent. Yet again changing private contracts. Wish an attorney or organization would step up ...
Hello BP,
I am no longer managing this building as I passed it off to a PM. However, I became aware of a situation the other day and I'd like to get your take on it. The situation is that two friends rented the unit,...
Hey BP,I have some old leads I'm looking to sell and have some interested wholesalers. What would be the best way to ensure those I share the leads with don't complete the deal on their own? Thank you in advance for y...
I am closing on a duplex Monday and the seller has been dragging his feet on sending over the leases of the current tenants and now he is telling my realtor that he cannot find the leases.He has said verbally how much...
Hi all,
I just recently purchased a 4-unit property in the Merrimack Valley area of Massachusetts.
My plan is to owner occupy one unit and rent out the other 3.
As closing approaches I am thinking of ideas on how t...
I have not heard in podcasts or read in any book yet about this topic. Is it customary/required to have tenants security deposit transferred to buyer at sale or is the buyer responsibility to provide that when the ten...
I originally bought this 40 unit apartment complex in 2021 in Nw huntsville, Alabama and since then we've maintained a sub 10% vacancy rate year over year. It wasnt until this year that people that moved out seemed to...
Closing real estate deals in any economy requires flexibility, adaptability, and a variety of strategic approaches. Here are several key strategies to help close deals, regardless of market conditions:
1. Understand ...