Nhia Yang
Help on type of loan for multi-family property
I found a combined multi-family property package (3 duplexes) for sale by owner. I'm aware residential loans cover single-family homes up to 4-unit homes, and commercial loans are for 5+ unit homes. My question is...
Valerie Menke
Check or Cash for Return of Security Deposit & "Cash for Keys"
I bought a property with long term tenants in place and offered them 'cash for keys'. The security deposit they paid 20 years ago was transferred to us during escrow so I was planning on giving them two different chec...
Rick Howell
Developing a Successful Business Plan: 5 Tips
As the saying goes, when you fail to plan, you plan to fail. When you start a business, this is especially true. Making decisions that do not line up with your short- and long-term goals will come back to haunt you. W...
Pete Condit
Financing question.
I tried this in a different forum, but, it looks kinda slow there and I haven't received a reply, Thought I'd try it here where there seems to be quite a bit more traffic.
A friend and I are looking at a 2 family. We...
Account Closed
Las Vegas Rentals and Flips 2011/2012
Hello BP,
I am working with a hand full of cash investors in SoCal. Right now the San Diego market is doing well but I am considering expanding my property search into markets like Vegas. I want to know what the Vega...
Scott J.
Two checks for one rental unit
Good afternoon fellow BPers,
My somewhat long-term tenants (3 years) are a couple. One of them has finally finished a lengthy divorce process and they are requesting to each send me a separate check for rent. They st...
Jerad Miller
Having issues trying to purchase a bank owned property
Hello all,I am trying to purchase a commercial property with my father in law with a list price of 188k. We've gone through all the proper channels. Started an llc and are currently working with a local commercial len...
David Trevino
How to divided up cash-flow for a property with partner
I’m currently looking in to purchasing a four-plex property i have ran the number and the deal fits my criteria , i have a great amount in savings to cover the down payment and costs associated with the property and s...
Matt Cramer
Innovative strategies?
I'm interested in investing. I don't want to suck up everyone's time I just haven't found what I'm looking for searching the forum. Quite possibly user error. What are innovative strategies? What are the different typ...
Sarkis Gezalyan
Return on investment
Hello all, I have a question on return on investment when expanding a unit. I have a 1+1 back house I’m renting out, but can expand it two bedrooms, or even add a second unit altogether. How can I calculate the return...