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Hello BP,
I'm in contract on a nice little rental house that has some great potential, there is just one catch.
The existing tenants (very nice people) are an elderly couple (75+), on a fixed income, have a laundry ...
Hey,So in our apartment we had gas supply that would provide us with hot water all day round.The owner decided to take out the gas supply and so he replaced the radiators and the boiler for the water with electric one...
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Hi everyone,I have a property that I just purchased that had existing tenants. They have been there for ~3 years and are currently month-to-month. I'd like to do 2 things: increase their rent to market value and ask t...
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Hi,I was able to locate an FSBO property. Owner does not want to manage the property anymore but not in a distressed situation. Property is a duplex and currently has tenants on a month to month basis. Owner has 76% e...
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I've decided to use a few old 401k and IRA accounts to fund some real estate deals. I know that I will need a self directed IRA custodian but thus far I haven't found a company that looks trustworthy. If anyone has ...
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Hi Creative People,I am considering this strategy:-Buying a property via financing -selling it via owner financing (higher loan and rate)My question is, can I refinance my original loan if I’ve already sold the proper...
Hey everyone,Working through the purchase of my first out of state rental, and I was looking for advice and pros/cons of self managing vs hiring a property manager. Can anyone with experience in managing property out ...
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I own a 4 unit in Seacoast NH with an FHA loan. I live in one of the 4 units and rent the others out. The other units pay the mortgage plus all expenses, plus reserves I stuff away for vacancy and repairs which need t...
Hi all,
I was hoping I could get some general info about taxes from note income and how it's supposed tp be handled.
I'm getting into creative financing, and plan to originate several notes (yes, I'm aware of Dodd-F...
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I just got a townhouse in a college town where it usually rents to 4 kids at once. They all share the same electric, etc. It's just a normal townhouse with 4 bedrooms.
How should I do the lease? Should I have 1 lease...