I recently received a check in the mail from a tenant that moved out three months before their lease expired. Shortly after cashing the check the previous tenant texted me and said they were going to sue me for steali...
We are in contract to buy a property. Close of escrow is next Monday (Aug 17th), but the bank is ready to fund anytime we want to sign. We weren't planning signing until the property was vacant; but now the seller wan...
A tenant with an existing lease has approached me requesting to have an additional person move in and live in his two bedroom apartment. I pay for water and heat so I said that I would agree to it provided I get an a...
Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....
Hi everyone,
I'm seeking guidance on navigating the world of real estate investing, particularly in the context of tax optimization. Currently, I find myself in the 37% tax bracket due to W2 income and I'm eager to...
If I use one private lender for a project at 100,000 syndication does not seem to be necessary. If I have multiple investors investing in a project where a 1,000,000 is raised then I think it makes sense. Is it the ...
Just purchased a property that came with Tenants( I know bad idea from what I'm reading) at the end of Aug 2014Before Purchasing I had the seller's closing attorney draw up formal lease assignments, send over copies o...
I have been reading a ton of information on Wholesaling. Reverse Wholesaling seems smarter than traditionally Wholesaling - buying a property, then finding an investor.Is there a right way or wrong way to Wholesale?W...
I'm new to BP and REI Scenario: I'm looking at a property that I intend on buying and renting. It's a 2BR, 2BA, 1145 sqft condo. It is currently in foreclosure, (or pre-foreclosure and subject to probate.) I am famil...