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...
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...
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...
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...
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...
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...
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...
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 ...
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!
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...