Chad Duncan
My first real estate investment. I need advice!
I am currently looking for a multifamily home in the Portland Oregon area. I am looking for more of a 4plex than anything else. I am pre-approved for a loan as well. I want to start offering on some places. I feel tha...
Leslie Boeshart
OKC Sheriff Sale Rental Property in Receivership
What happens when a rental property going through foreclosure in OKC Sheriff Sale is assigned a receiver to intercept rents? As the winning bidder / new owner I have to honor the lease as per OKC. However few question...
Kristen Grippe
Current tenants didn't pay security deposit
Hello, I am about to purchase my first 2-unit investment property. It was owned by a woman who rented the units to family members and never collected a security deposit, so there is technically not a deposit that will...
Danielle Bulla Isenhour
fix/flip loacted near Virginia Beach Towncenter
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $190,000
Sale price: $250,000
Used a General contractor on this property and did minima...
Account Closed
1st & last month rent plus security deposit. too much to ask for?
I have 1 rental and normally ask for first month rent ($830) plus a deposit ($500).seems like renters just move out after the lease is over and treat the deposit as part of their last months rent.... so i end up with ...
Maritza McKinney
Prospective tenants ghosting
We have a unit in our quadplex for rent. We have gotten a deluge of interest, several applications (which costs $30 to complete background check). We had a person sign a lease but never paid the deposit and never cont...
Patty Osborne
Tenants took 6 days to sign lease leaving us in limbo
Hello, I’ve been leasing our home in Autumn Ridge on short term. We invited a prospective tenant to move in after app amd background checked well and sent a lease to sign online. They told me that they would likely s...
Tiffany Youngren
MF/Commercial Phase 2 in Transforming area of Billings, MT
Investment Info:
Large multi-family (5+ units) other investment in Billings.
Purchase price: $285,000
7 Residential, 1 Commercial distressed property purchased in May, 2021. Rents were $495-550/month for...
Account Closed
Buy & Hold vs Subject To - How Do They Compare - Actual Deal
I was asked by a couple of people to compare doing a Buy & Hold Rental using conventional financing and buying Subject To with selling to a Tenant Buyer and what that would look like.This is an actual deal I recen...
Brad Kirkpatrick
Purchasing an occupied property with rents below market rates.
My wife and I are closing on our first duplex this coming Friday. Both units are currently occupied with long term tenants (one tenant told us she'd been there 30 years). Currently they are paying about half of mark...