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So this is going to sound stupid, but the situation is unique so bear with me. I have the opportunity to get an 18-unit building under option, but I may have to move fast. After winning the option bid, I can do t...
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Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....
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My first investment, never meant to be an investment. I bought a condo, and 12 months later had to move across the country for a job. I kept the condo as an investment. There is a new Casino (Wynn Casino, Boston) b...
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HELLO EVERYONE!!!I want to start out by saying that I am so grateful to have found such an amazing community that listens, shares, helps, and encourages others to be successful RE Investors. You are all outstanding in...
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Is it a good idea to give tenants Christmas gifts? I give tenants target gift cards with a nice note, they’ve payed their rent on time and they have not caused any major damage to the property. Anyone gift their tenan...
I'm selling a property that is closing this week and want to send appreciation gifts to the contractors who worked on the house. I did a little experiment on this property and did my first "virtual" rehab". I paid ...
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My wife and I are looking for investment properties for next year. What we are trying to calculate are closing costs. Since closing costs are similar no matter the loan. Wouldn’t it make more sense to buy a 4-plex wit...
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Hello again everyone! I'm thinking of getting my real estate license next month and i'm getting into real estate investing to wholesale and eventually start buying rental properties. Would getting my license be benefi...
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Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...