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I have a contract to buy a distressed single family house that I plan to rehab and sell. The house is vacant and uninhabitable as is. It sustained water damage from a broken pipe in the kitchen last winter. The insura...
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Hello BP, I’m in need of some advice.A few days ago a contractor working on one of my out of state properties was shot. I found out that this was the result of robbery gone wrong. The contractor and two of his workers...
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I am looking to close on a NNN property. I find it a bit highly priced psf (370 psf) but reasonable based on tenant profile and ROI. its basically 7.1% ROI of a national dental chain in Southfield MI paying about 25++...
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I Just started this pre license course online and I think I may know the answer to this question but would just like to get some clarity on it from someone who is an agent who understands the law... It goes over the a...
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Hey there!I've read quite a few things here and there and it seems that there's a consensus that California is terrible for cash flow investing. But I got caught in some interesting stuff.Sure, Bay Area, LA, Sacrament...
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My SFH was rented with a no pets policy. If truth be told I would have considered a pet from a terrific prospective tenant if asked. This was not the case with current tenants.Tenant is on a 2 year lease with a reduct...
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I own a duplex in a nice quiet neighborhood. Both sides are rented out by fantastic long term tenants.
Recently new neighbors moved into a rental across the street. From day one the tenants have been completely absen...
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Long story short, Tenant on HUD, has 4 kids. rough ages 5,3,1.5,newborn, one of the oldest 2 kids put the 18 month old in the bath tub and turned on the water, its a single lever, with hot being all the way to the lef...
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I'm looking to buy a cash flow SFH in the Atlanta area with 8% CAP rate and 10% CoC return. However, the appraised value is only 80% of purchase price ($100K) so I'll have to kick in $15K extra cash to close with a tr...
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Hi BP community. I was wondering if anyone else has experienced something similar to this.
I just finished my first day of class for getting my Illinois Real Estate Broker license. So far I'm loving it, and I...