Being involved in Rental Real Estate for over 20 years I have my own list of what I need to invest out of state, but I wanted to hear from others on what they feel is important for them to find in their search for a g...
Hi I own a duplex and have been having trouble renting one side of the unit.What would you do? We recently received a tenant lead from an individual with questionable sources of income and limited rental history (disc...
Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $532,500
Cash invested: $550,000
Complete gut out and rehab existing 4plex, and add 1 more unit
What made you...
Hello BP community, I'm Nick. I am a young and motivated individual with an eagerness to learn about the possibilities that real estate investing may be able to provide. I have an amazingly supportive wife and a three...
I was presented with an opportunity to buy 6 single family rentals (all in the same location, but out of state for me) as a portfolio. Each had been purchased and renovated to rental quality by the same owner 5 years ...
I am screening for potential tenants and so far, I have found one potential tenant that is the most qualified. However, she has low income ($56k), but an excellent credit score (750+) and a lot of assets ($1MM+). The ...
I'm in the process of getting a landlord insurance policy quote. The rep on the phone says their landlord policy doesn't require a landlord to screen tenants. I'm a bit surprised - if I were the underwriter I would se...
Does anyone have guidance of putting together Owner's Representative agreements?Background. I've identified a candidate I'd like to on a part-time to basis to manage construction renovations as I am an out of state in...
Hello BP,I'm nearing a closing of my first 3 family unit in Newark, NJ. Me and my partner have been marketing to tenants, we have our standard minimal requirements. I've been targeting people via the traditional route...
I'm looking for comps for the Birdrock/La Jolla area. If anybody has the inside scoop please let me know! I need to do some basic cashflow modeling for a potential multifamily development.