Hi all,Just closed on my first multifamily on Sept 6th. With rent already collected for the month of September, I was expecting 80% of that rent being sent to me (24/30 = 0.8). Having just received that check I come t...
Hello,I recently bought my first unit. We closed on the 25th and the previous tenant moved out on the 31st. I have two questions. 1. The tenant is asking for the deposit back. The tenant signed an agreement with the p...
Looking at an off market multi family that suffered fire damage last year. 98k value lot. Broker is looking for 75k and quick close within a week. Its zoned for 16 units .
What are the risks in a previous fire home? ...
Hi there,I am new to real estate and looking to acquire my first buy and hold rental property. I was wondering if you guys would be able to help me analyze a deal and provide pointers on pursuing a FSBO. The sellers a...
Hello,Does anyone have first-hand experience with evicting previous owners or tenants from homes purchased through auctions?I've heard different stories of people paying different amounts to families or tenants to get...
Hello, I just recently closed on my 1st Rental Property. The property is occupied on both sides (its a duplex). One of the tenants will be moving out, because I will occupy one side and continue renting out the other ...
I’m getting ready to sell a home I am flipping. In my Seller’s Disclosure do I include items that the previous homeowner’s seller disclosure contained? For example, the previous homeowner’s seller disclosure checked y...
I have an applicant that listed a single previous residence on her application. After calling the previous landlord, I discovered that my applicant was not on the actual lease with the landlord, but was likely a suble...
Hello Everyone,First post here on BP forum, been a fan for a while. I bought my first Multi-Family property a month ago. The previous owner needed a place to stay for approximately 3 months. Since he slashed 29k off t...
Since owning property I bought from a previous owner we have found many problems caused by the previous owner using unlicensed contractors.
Is it possible to sue the previous owner for putting the safety of t...