Matthew Haban
Need help analyzing deal
Details:
19 unit park - 18 tenant owned trailers and 1 SFR (manufactured home on horse property). Has city water and has septic.
Currently rent is 325/per lot and hasn't been increased in 10 years.
Purchase price...
Joanne Tsai
who screwed up here?
Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...
Tim Lin
Tenant won't pay security deposit despite damages
Hi everyone,
A tenant is moving out and I noticed some damages such as dented/chipped door frame, possibly happened when he moved his furnitures in. I brought this up and he casually brushed it off saying something a...
Chris Adams
Buying 23 fully developed lots - do I need an attorney?
I am going to be purchasing 23 fully developed vacant lots in a subdivision of new construction duplexes. The development was 30 lots total (60 addresses)
I will be purchasing the lots from the bank via sho...
Dhaval Taylor
Questions to ask multifamily owners on the first call
Hello everyone, I am writing this post in hopes to gain some insight on how others are communicating with multifamily owners and the questions you should ask as you call property owners who own larger buildings.I am c...
Bemnet Merha
Feedback on my tenant screening criteria in Washingtons state
I just got my first rental property and finished the rehab (yaay) and am about to list it. I was advised to have written tenant screening criteria. I compiled one as below and would love your feedback. Also as per WA ...
Scott Nachatilo
Finding Bird Dogs - Feedback, Please...
I've been running an advertisement once a week or so in craigslist under misc. jobs - the subject: House Hunter Wanted
Here is what I put in the add:
Hi.
Are you looking for some extra income? I'm looking for some...
Mary Jay
How long should I lease for it to qualify for the 1031 exchange
Hi guys,
In order to qualify for a 1031 exchange,
1) how long is the property needs to be rented?
2) does the rental income need to be reported on taxes for a certain period of time ? (O sense it probably will b...
Megan Carpenter
Wholesaling through Probate in Colorado
Hey everyone,Our group is currently working on our acquisition of properties using wholesaling in a variety of ways, but one technique we are struggling to capitalize on in Colorado is through Probate leads. Other tha...
Bill Glick
Tax Lien Question - Please Help
What type of taxes can make a property go to a tax lien sale? I recently reviewed a list from a local township, and it looks like more than real estate taxes are considered with regard to tax liens (e.g. water/sewer, ...