right now i have a partner who is the money guy and he knows the repair estimates. i find the deals and we split it 50/50. doesnt get much better than that for a somewhat new investor. The thing is, he has other th...
Hello BP!I have a question regarding owner finance with a listing agent. If I see a house on the market that i'm looking to utilize as an investment property but I want to make an offer for the seller to carry the not...
Is there a site where I can pull credit and prior evictions/criminal without having to have the tenant complete the information? Every site I find requires an email be sent to the prospective tenant, which most of mi...
Recently bought second long term hold property. Used bank loan, put money down and financed the rest. When it came to insurance it was very difficult. We finally got insurance but it was with the stipulation that w...
Is it possible to make an offer on a short sale that is supposedly with the bank? And if so, is there a way for me to verify the validity of the information I received from a phone call by this wholesaler? Please Hel...
Are there any readers of this forum that have used "Federal Tax Credits for Rehabilitating Historic Buildings". I would interested in hearing what your experience was like. The tax credit sounds interesting, the ...
First time posting here. Super impressed by the wealth of information.I used to work for a wealthy family, and I'm considering asking for a mid-term AFR loan from them. Using current rates, it would be possible to ge...
I'm buying a new property. I'm remodeling the units and turning them into corporate rentals. All current tenants are on month to month leases.
How do I not renew the month to month leases for these good tenants? I ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rochester.
Purchase price: $135,000
Cash invested: $24,000
Picked up this triplex with a 1031 exchange, property is at 100...
Hey guys!We are new investors and just found out our tenant recently passed, about 2 weeks ago. She was 3 months into a 12-month lease. Her brother called to inform us of her passing and that he and other family membe...