I have interest in acquiring an 8 unit building which is an approved condo structure and can be sold individually. I would like to use an old but effective
technique to purchase this property. I want to convenience th...
Hi all, I have a question regarding my first eviction in Kansas. Tenant is 25 days late on rent now. I received a bounced check last week and was informed the tenant is in an inpatient rehab. I did however already se...
We have an excellent tenant who is being transferred and moving out. In cleaning they pulled out the refrigerator to clean and ripped the vinyl in the kitchen. The flooring was brand new a little over 2 years ago when...
I got two messages during lunch yesterday. When I checked them, one was from a seller that said she got my letter last year and hoped I was still interested as she is selling now. The other call was from a woman who...
Hello,I've received a few bids from Contractors to rehab a property, and most do not include sales tax. How is sales tax usually handled with General Contractors?The reason I ask, is that I was about to choose one Co...
I'm finalizing the loan for a 4plex. The loan is 30 years for $240K and the quoted rate is 5.125%. I can buy it down to 5% for $1013, or 4.875% for $1644.
If I buy it down to 5% I save $25 in interest per month. It w...
Hey BPWhen looking at doing a househack on a Duplex- how do you typically apply the 2% rule and the 50% rule? Is there another rule of thumb I should look at instead? For example on a house I'm looking atCost- $310,00...
So as I posted the other day I ran across a 4 unit multi family building. I met with the sellers yesterday and the property is solid on the inside as well, I was only able to see the outside before. The meeting went w...
Hi-
I've been investing in residential properties since 2006. I have flipped four properties and currently own 8 rentals, mostly duplexes, triplexes and a couple SFR's. I'm about to acquire another duplex and a 4-p...
I have a future tenant who I've conversed with on a few occasions via email and text. The question I have is, where do you draw the line with friendly comments/remarks? For instance, she concluded an email the other...