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I recently had to go through the initial stages of an eviction for a tenant in a rental unit in Issaquah Washington. He had moved In about a month earlier, but he gave two fraudulent checks to my leasing agent during ...
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Hi All, Can you look at the numbers below. I think the numbers make sense. 6 Flat B Area. Gross annual rental income $68,400Net Operating Income $25,500Cap Rate 6%P&...
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I am in the process of refinancing my home from 30 years to 15 years.
It's my assumption that the new loan amount will be the same as the previous loan amount. I understand that I need to pay the interest to the cu...
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Hi all,We have just posted our first rental property for rent and a potential tenant asked if we would allow her pet rabbit she claims is always caged. We originally posted with “no pets”.With the pandemic and rents d...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Fayetteville.
Purchase price: $3,200,000
Cash invested: $50,000
Contributors:
Rodrick Jackson
We fou...
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I am getting all kinds of vacant lot leads in some cities I started wholesaling "virtually" in.In Tulsa OK they are in old neighborhoods houses built in the 40's where houses are worth $60 on a good day, and from the ...
Hello BP! I am a new landlord and I just rented out my condo on a month to month lease. It hasn't been a month and I am already having issues. I really want her out and I wanted to know what is the right way to do it....
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I have a new client with a non-owner occ home. It is upside down 50% and negative 50% per month. He's thinking of short selling it but I have been told over and over again that banks do not negotiate short sales on no...
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I am about to write an offer for a Bed & Breakfast. I would like to know the "right" duration for the main contingencies (and whether I need to add more contingencies to be safe)1 - Inspection contingencies: how l...
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I'm in the process of buying the first of, hopefully, many rental properties and am financing it as a joint mortgage applicant with my father. As I understand, we can not apply for a mortgage in an LLC's name and aft...