I have been looking at a bank owned 6 unit property that has been on the market for over 700 days. It is owned by a local bank. They are asking $195K. There are 5 - 2 bedroom and 1 - 1 bedroom apartments. Most of the...
i am curious about some processes behind the storing of tenants personal property left after the tenant leaves.I came into an odd mishap at my rental this past month, we had an issue with an uninhabitable situation in...
Good morning, I saw 2 investors going back and forth about airbnb management fees. Both investors put in 25k and splitting all expenses 50/50. One investor said he’ll manage it for a additional 10%. The other investor...
Hi fellow BP'ers!
It seems that I have proven myself to my co-workers who now are willing to invest with me as private lenders. I am negotiating two home purchase deals and possibly a third. Part of the incentive i...
Hello everyone,
I have a few questions about double closings, who is actually paying the closing costs for both closings? When I get the buyer do I then contact the title agency and tell them i need a double closing?...
A tenant's unit was searched today (10 COP CARS WERE ON PROPERTY). We found out for possible stolen property.Both of the resident's do NOT have a felony or anything really on their background check.What are your thou...
I’m house hacking a legal 2flat. I would like to transfer the building to an LLC. For two reasons; 1. Avoiding liability 2. To remove the rental income generated to me personally and have it towards an LLC. Has anyone...
Hello, I am studying how to invest in apartment complexes. It is my understanding that some REI groups/meet-ups offer group buying (a syndicate?), in which one investor becomes the lead and others simply contribute fu...