I have a question for you landlords out there. On 11/1 I closed on an apartment building. One of the tenants did not pay rent. My intent is not to renew their lease and I have already let them know in writing. I conta...
I'll try to keep this as short as possible (ok, just finished - it is rather long). I included a redacted version of my lease below a bunch of equal signs (====) for anyone who really wants to read into this.
TLDR: ...
I am very familiar with hard money but I am not certain exactly how lines of credit are set up. If you are able to secure a line of credit, and you are looking to purchase buy-and-hold properties, would that be a bet...
Hi all,
I have encountered a deal of a fourplex, with full occupancy. It is in a nice neighborhood. However, the property has been having delayed capital upgrade or proper maintenance for a long time. The windows, ro...
So I stumbled across an interesting video which was in response to one of Brandon's. He made some compelling points regarding how an llc may not really protect you. His argument was leaning more towards remaining as...
I have a current tenant who wants a bit more space than the unit she's in currently. She's interested in moving into a larger 1BR at another multifamily property of mine. This tenant takes care of the unit she's in no...
Hello guys, I've been on BiggerPockets for a long time learning and reading. I was a given an opportunity to purchase a place for $75,000 which would yield a monthly cashflow of $363 if I amortized over 15 years or $5...
Hey all, My father recently passed away and I'm helping my mom close down a Mobile Home Park in Las Vegas, NV. Unfortunately we can't keep it running as a Mobile Home park due to a lapse in business license which led ...
Hi. My name is Peggy. I grew up in Cleveland, Ohio but I have lived in Tehachapi California for 20+ years now. I am very excited about starting a fix-and-flip business but I must be honest, my husband is rather con...