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I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...
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Hello All, I am about to sign an agreement with a property management company for two of my properties i just purchased out of states properties in Saint louis Missouri and i do concern with AUTHORIZATION paragraph, i...
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Hi everyone,I am interested to know the reasons (pros/cons) for syndicating RE deals. I was running the numbers on a typical deal, and the GP usually makes anywhere between 5-10k depending on the Purchase price of 600...
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Does anyone have a template for one of these?
Thanks,
Jeff
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Hey Guys,
I have a tenant in Philadelphia who a few months back mentioned that she feels more tired than usual and wanted to test for mold. It was very vague/general request, in which I gave her the okay to purchase ...
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Greetings BP colleagues!Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6...
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Does anyone have experience and/or a system in place for Rooming/Multi-Use Housing? It seems like a way to drastically increase rental income and not much extra work if done correctly. Im just wondering who's done ...
So I have a bare lot I am selling. Lets say I get 100k for it. My plan is to 1031 this into a duplex. It looks like I can occupy one side of the duplex as long as when I sell the duplex that side isn't considered 1031...
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What is the best piece of advice you woul give someone who is going to be managing their out of state rentals? (Without saying "Don't do it")
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Elmira.
Purchase price: $98,700
Cash invested: $7,000
First deal. Appraised at 107k bought for 98k using FHA loan. Looking...