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Selling a property this month.Currently renting for 8k, mortgage is $4500. Profit of about $3500 monthly but selling due to market and some personal issues.profit will be 400-650k pre tax (if I do 1031 exchange). tryi...
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I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers. My property is in Kansas City, MO and I need to verify income. Is that something I can legally ask the emp...
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Hello BPers!I have a property in Charles county MD under contract, which the numbers work really well. Purchase price is $51,500. ARV is $230,000+. Rehab estimate is about $70,000. HML loan at 3 points and 13%. I am d...
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Hello. I have some potential tenants that are interested in renting an apartment sight unseen above and beyond some pictures online. They are from away. Should this be considered a red flag even if they seem to fit...
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I was approached by ALE solutions to rent out my home for 25% more rent per month, they can only do a 6 month lease with the option to do a month-to-month extension after that.Are they legit?I have read some horrible ...
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My husband and I recently purchased our first investment property. We have very interested renters, at least 10 families showed up the first day and all were willing to move in by July 1st.We decided to go with a youn...
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How do you formally inform a prospective tenant that you don't want to lease the apartment to them?. I have 2 applications through zillow and I have concerns. My issue is both are aggressively pursuing.
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Hello, hello! My name is John and I am from Kansas City, MO. I got a great friend that got me looking into real estate and am wanting to find a duplex, quad plex or six-plix to get started. Possibly some house if the ...
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I am currently branching out from wholesaling in Buffalo,Ny down to the Hampton Roads, Virginia area and am wondering what are the few things I should look for in getting started since I am out of state. I have an Att...
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I am a newbie virtual wholesaler. How can i determine fair market value of a property if i can't be there in person? I will not rely on data from the internet as it's a poor method of determining property value.