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I worked with a management company to rent out my townhome and they sent me an application with a set of 3 roommates that barely makes enough as 2 and just squeaks by with the 3 to meet income requirements. While tech...
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I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
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Can anyone point me in the direction of the professional to speak to in terms of deciding which is best for me? Preferably in the South Florida or Nashville area would be great. Thanks!
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So I'm closing on my fist investment property later this month. With the excitement of getting my first place comes the responsibility of finding good tenants. I'm curious what the BP community thinks about two questi...
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I have been investing in Philly for a couple of years now, and never had any issues until this one recent rental.
I received a violation in the mail stating I needed to obtain a rental permit and license for this pro...
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I have just had two applicants that one does not meet my criteria, and the second does but the situation sounds very fishy and suspicious. They have both used my Apartments.com listing to submit an application for th...
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Hey everyone, Connecticut based investor with 2 condos and 1 multi-family in the Hartford/Bristol area that I want to put under property management. In the last week, all of my tenants have reached out for this or tha...
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Hey BP!I am in the middle of closing on my first deal. It was formerly a large single family that was changed into a 2 family. We are pretty much at the end of the process. Inspection done. Mortgage is approved. Title...
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Hi BP peeps,
I have a buyer in CA that's going to close a house in GA. So mobile notary is needed to sign closing documents. Just curious what's the mobile signing looks like? If the buyer requested you to mark ever...
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So this is mostly just going to be hypothetical, since I'm not in a place right now where I'd actually be able to complete a deal. I'm simply using this as a way to learn, and get some good tips and advice for the fut...