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Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
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Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...
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Hey Everyone,
I'm considering lease options as a future investing strategy and am curious to hear others experience with it. Do the tenants often buy the house at the end of the deal? How long do most lease options g...
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For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...
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We recently acquired a property with tenants who have been perpetually late paying rent. It didn't dawn on us that our PM has been charging hefty late fees until recently when they sent a statement with the late fee u...
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I am working with a good Realtor and I make offers well above asking. I just lost out on another offer I made. It will be interesting to find out the winning bid upon closing. The house before this I made a cash of...
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I had someone inquire about the other unit in my owner occupied duplex. It's an old house and most likely has lead paint. Also, not sure I would want to hear a 3 year old running around all the time. For these reasons...