Richard Roberts
Tips for persons just starting out in Real Estate investing
Starting out in the real estate investing business can be a shaky process and you would need all the help you can get.
Dana Walker
Post Hurricane Real Estate Buys
Have you ever purchased a unit just after a hurricane with water damage? Have the repair costs on water damage been small enough to justify the purchase with profit once the local market recovers? We just bought a uni...
Damien Ray
Just did a Subject to: what should I do next
Just did a Subject to on a property. I only owe about 30,000 on it and it has been rented for 2yrs now. I will appraise at about 90k to100k. Should I sell it? If so for how much? Oh and the bank just called in for the...
Daniel Bogart
Switching to tenant paid utilities in Phoenix
Hey all,We have a recently acquired 16 unit complex in Phoenix, Arizona that has historically had owner paid utilities. This is the standard for properties like ours in the area, and our PM said he hasn't seen anyone ...
Tom Albares
Seller financing of property
I found a property that is fully furnished that would be an excellent STR. The seller stated that seller financing is a possibility. The property has been used by the owner as a rental. It's in an HOA that has depl...
Duane Richards
Any wholesalers in the Birmingham, AL area to help sell property?
Hey all you good BP folks!
I have a friend who purchased a portfolio of 10 properties in the Birmingham, AL area and has had multiple issues with his PM and tenants. He's put a lot of money into trying to fix up/reco...
Sendil Thangavelu
MTM Lease renewal and deposit to cover notice period
Hello,
For my rental property in FL, tenant after first year of 12 month rental term is asking for a month to month lease with a 2 month notice to vacate. Rent is $2100 per month and the deposit I hold is $3000. My...
Mike Montana
Charging tenets for water and sewer without sub metering
I have a small multifamily property (15 units) and we are considering how to pass on utility cost to the residences. The building consists of one and two bedroom units along with 1 three bedroom unit. unfortunately,...
Account Closed
Pay cash, borrow from the bank or borrow hard money?
I was an investor from 2004 until 2008. I did standard mortgages on single family homes. I did not put enough money down and only did 5% or 0% down as I accumulated up to 20 rental homes. I also did not buy them right...
Merritt Harris
FHA house hack turned MTR
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $85,000
Cash invested: $20,000
Turn of the century upper and lower duplex, both large 1300 sq ft 3 bedroom a...