Marci Stein
Can I offer only 2-3 year lease ?
I inherited wonderful long term tenants last year . I gave them a 1 year lease with no raise to their low rent. ( I know - dumb).now that it’s up I’d like to raise rent And offer them a 2 or 3 year lease so I have sec...
Easton Anspach
Brooklyn Lease and Rent for House Hack
Investment Info:
Small multi-family (2-4 units) other investment.
Long-term lease with short-term rental for 15% margins.
Jason Faulkner
Feedback on possible opportunity/STR arbitrage
Looking for feedback on an idea - I have an opportunity to purchase a half acre of land wayyy below market value and I have this vision of a purpose built vacation rental setup that I would like to build. The land is ...
Jennie W.
Fees to broker for leasing office space
We are considering purchasing an office space. We have multi family units - so this is new for us. A local commercial real estate agent charges 6% of the total 36 month lease. This is a brand new unit. Does this seem ...
Valentyn Svit
I need help With a property!
Hello BP, Ive been marketing for motivated sellers lately and I got a call from a women who needs to sell her house fast but I don't know how I can structure a deal with her. The house she is looking to sell is in pre...
Shak Noor
Office Building - first commercial deal, your thoughts?
Hi BP folks,
Working on my first commercial deal and would like your thoughts on this property/opportunity.
There's a an office building in Texas for sale. It's part of a small office park, 4-5 total buildings tota...
Steve S.
How to document transition of a tenant to new landlord (me)?
I recently acquired a property that has a tenant in a long term lease that they just started. I couldn't find any obvious answers to this after some quick Binging so would like the BP perspective. I've emailed them ...
Kyler J Sloan
Financing Renovation without tapping equity
I am in the process of getting a short-term rental ready, but made the mistake of applying for renovation loans AFTER the mortgage went on record, making my DTI too high to qualify for personal loans such as Sofi. In ...
Barry Belknap
Does the 50% rule hold true for vacation rentals?
I'm considering Hawaii in particular but was wondering in the broad market as well, does the 50% rule hold true for vacation rentals? I know the expenses are different given the nature of the revolving door that vacat...
Brady Halse
Furnished High-End Townhome
Investment Info:
Townhouse buy & hold investment in Scottsdale.
Purchase price: $450,000
Cash invested: $90,000
Purchased originally as primary home with the intention to turn into a long term re...