Hi, I'm re-renting an apartment unit at $450 more than the previous long-term resident paid. It does need renovation. I could go crazy at HD/Lowes finding things that could be replaced. Some of the updates are discre...
So, I'm ready, I'm buying my first multi family as an owner occupant, I have my list of properties found, and I have my pre qual letter in hand. I however live out of state, I'm looking to book a flight in in the nex...
I’m looking to do some sort of rehab on my first MF to increase rents and/or lower operating costs. I am planning on using owner occupied FHA financing. In talks with the lender, they said that rehab properties do not...
We have a new LLC formed in WY. My credit union in TN doesn’t open accts out of state. Any suggestions for low fee banking in WY? Thanks in advance!
Looking for some some input on my negotiation status. After my initial offer, the seller countered. I countered his counter, then he responded with a "best and final". How appropriate is it for me to respond with MY b...
After a couple direct mail calls, I have gotten some frustrated sellers. The responses range from "Your offer is unethical" to "We are absolutely not in the same ball park" and the typical "NO". The offer is always ba...
I'm new here at BP, but really thrilled to find this resource. I've lived in Columbus since 2003 and absolutely love it here. I just finished David Greene's book Buy, Rehab, Rent, Refinance, Repeat and am ready to sta...
I own A - C class properties and have never had these kinds of imbeciles even in my C class property. I get one low life after another with evictions, criminal histories, low income but thinks they can afford it (75% ...
Prospective tenants put down a nonrefundable deposit to secure an apartment. Nothing signed just texts agreeing. Good references but started asking to buy the 3 beds in the unit so I get red flags! Called their landlo...
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