Rufus McLaren
Lease Options in South Florida
I am a broker in Fort Lauderdale. I have an agent with a client that wants to sell a rental property that she is breaking even on. She bought the property in 2004. (Note, I mentioned a similar scenario in another shor...
Michael Dunn
HML/Private Money Questions for 2018 .............
I'm leaning towards doing a HML ( will be my first ) I have read and understand the way in which HMLs are constructed and how they work in a general sense , but given t's now 2018 and since the last time I really cons...
Michael Nahm
Avoiding problematic tenant
Hi all,Am again seeking from the wisdom of the forum.We have three rentals up for rent. A potential tenant saw two of them, likes one and after plenty of back and forth with questions and information, she applied with...
Colin M.
Starting out in Multi Family - What were your first steps?
Hey there -I've posted multiple times on BP but find myself looping back to the start of my journey every time. At first i was searching SFH's in Charlotte but never took action. Now Im looking at MF buildings in Clev...
Tony Castronovo
How to handle deposits at lease signing
I've had the good fortune thus far to have tenants move in pretty quickly (within a week of lease signing). But with my latest property I am experiencing what I think is more typical.....that a prospective tenant sig...
Vishakha Penney
Buyer ghosted, recourse for breach of contract?
Curious what you would do in this situation: North Carolina property. Buyer made offer with 5k earnest money in contract but never paid it. Wanted to see property again, and ghosted multiple times after being told he ...
Aris Alexiou
Joint Venture with builder. 50/50 but I put all the cash, fair?
Hey guys,
I talked with a builder earlier today about my desire to have him built some duplexes for me. I have around 350k liquid ready to deploy for buying land and securing a construction loan. He told me that he p...
Arnie Guida
Paint Again Or Siding?
I apologize if this is the wrong forum for this.
It's time to paint my personal home again. Given the estimates I've received, and the frequency of repainting required, I'm tempted to have the wood siding rem...
Alex Black
Only 4 of the 5 tenants have paid before move in. How to proceed?
I have 5 tenants that are on a joint lease schedule to move in on August 1st. One has not paid yet. How do I handle this situation? So far I've told them that no one can move in until rent has been paid.More backgroun...
Mary Spalding
Feedback for next deal leveraging lastest deal
So, our latest SFR is closing soon and I am already looking at the next deal and hope to move to flipping, long term.
We have 3 rentals and that is our limit on rentals we will hold.
House has 35k mortgage and with ...