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Still in the learning stages of real estate. I have never purchased a house before so I just want to make sure I have a realistic picture painted. Turnkey as of right now is what will make me feel the most comfortable...
BP Members,I'm new to the multi-family/apt area of RE and I've spent some time analyzing my metro area (and we are thinking of moving to another major metro area-that's another story). However, I've found a wide rang...
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The property I'm shortselling has mold on the walls in a couple of the bedrooms. Small house needs new roof. Is that a strategy you would use to get a rock bottom price from the lender?
Would you state that in your l...
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Hello,
I'm considering remodeling my current home and eventually renting it out when we purchase a new place for our selves. What are your thoughts on doing home remodels for your personal property without having a s...
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We’re looking to rebuild our business model and would love your input as a landlord. Which option would you prefer?
Option 1: Dedicated Property Manager
- Calls may not always be answered live, and response times co...
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I recently place an offer with HUD and it was accepted. After HUD received the contract, POF and EMD they decided my pof would not work for them. They wanted a notarized letter or bank statement with available funds w...
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Hi guys,I just got my taxes done by my accountant and it turns out that I have to pay over 3K for 2014 (yes I was waaayyy behind but finally got my act together and pulled everything into an accounting package). Unfor...
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I am interested in a 2F property upstate, and everything seems solid. However, my numbers are based on MARKET rents for that area. Initially I did not know whether the current tenants had leases and/or what they were ...
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Has anyone had experience marketing multi-family properties to foreign investors, esp. Pacific Rim investors? Any suggestions? Websites? Marketing tools? Magazines? Advice?
Would sure appreciate your assistance!
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Hello fellow landlords! I am curious how much you are planning on raising your rents this coming year. As I am doing my comps I am noticing a huge difference from my current leases and what they would lease for. Mo...