I just closed on a duplex 2 weeks ago and the long term tenant (10 years) just mailed me his rent check. The prior seller renewed his lease just last month to 1900/month which is about 1k below market. He is elderly a...
No one died, but I am wondering about what one would need to do if a tenant were to pass away in the home? What do you need to do if a tenant passes away elsewhere?
On December 18th staff from The SEC recommended changes to the accredited investor definition. I'm interested to get people's feedback and thoughts on the proposed changes. Many on BP should be very excited about th...
A question for those with experience house hacking a multi-family house:What was the most financially-intelligent way to utilize your tenant's rent to apply it towards your own mortgage payments? I plan to own a duple...
Hey there! I could really use some help. I found a duplex, got preapproved, my realtor is super sweet but I'm realizing she's not extremely investor friendly. Anywho she believe the units could rent for 750 each it's ...
I am posting on my husband's account. We used to own a duplex and live in it with a downstairs tenant. This was sold in July 2016. I just received a call from the tenant (who still lives there) saying that her boombox...
Hello BP Family,I have a question in regards to how to go about buying my first investment property. This 3 family property is located in Guttenberg, New Jersey (which is in Hudson County). I personally know the selle...
I have been researching how to locate and negotiate "off market" deals and to be honest many of the methods recommended seem quite predatory to me. I do believe that there is an ethical way to negotiate these deals bu...
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How have you guys approached potential deals within family or other close relationship structures? I have desperate family member who is frantically trying to sell property that has been in the family a few years post...