So long story short I have a friend in Florida that is selling his house. They signed the contract for it 4 days ago, but yesterday his wife was put on bed rest for the next few months. So they will not be able to mov...
Here in Boston renters pay the brokerage fee, the same applies in New York and I hear San Fran does it this way also. I see landlords being able to pass on that cost as a sign of strong demand and likely low vacancy....
Hello! I am in the process of buying a triplex that is 100% occupied. None of the tenants had to put down a deposit or sign a lease (one tenant has been there 25+ years.) Thanks to this site I found that we need th...
I have some tenants in one house who have been paying on time, but they would like a cheaper place to live. I am closing on another property soon that will be about $100 cheaper in rent. But since the prospective tena...
Hi, I bought a multifamily a year ago. In one apartment I have long time tenants at will with rent about $600 below the market price, or $800 below, if I renovate. Four months ago I sent them a letter terminating old ...
I have been buying Iowa tax liens for a small investment group for the past 10 years. So far, it has worked out very well for the investors. Most of what I have been buying has been at live auctions, where I will send...
Ever since we purchased our first rental property, our seller has been renting back from us. They will move out in August and we have been advertising for new tenants. So this group of 4 students are interested. The...
I am in the final stages of purchasing a fourplex in Virginia and wanted to see if others had any thoughts on what my options are. In the future, this will be a question I add to my diligence checklist, but in this in...
I have been reading a ton of information on Wholesaling. Reverse Wholesaling seems smarter than traditionally Wholesaling - buying a property, then finding an investor.Is there a right way or wrong way to Wholesale?W...
Hey all-
My husband and I are currently trying to buy our first home in Southern California. We found a short sale and put in an offer at asking price. The sellers accepted our offer. I'm assuming the offer is now on ...