Hello, I am relatively new to investing and was just hoping to get some feedback on experiences from other investors.
My question is this. I bought a house in cash in Phoenix for 60k the comps in the area are about ...
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Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...
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It's time to do my first eviction! I purchased my second property in August, so I have inherited tenants and the old landlords lease. Tennant has not made February payment and has now stopped responding. I posted a...
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Hi AllI have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month in advance for a 1 year lease. So she will put down 1st 3 mo...
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What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.
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Purchasing triple decker in Boston MA, I'm wondering how can i handle the deposits/lasts funds that are maybe held by the current owner for Section8 owner? In other words, if the current owner claims he never collecte...
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I won a 4 Bed 21/2 Bath House in Indianapolis on Auction.com on March 20th. It was a foreclosure from Bank Of America. The first communication was that closing would be Apr 9th then after contract signed clos...
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Yes I know, I should have screened my tenants better but I am a sucker for people trying to turn their live around.I know that they (I hope I am using the politically correct pronoun here so my post don't get deleted ...
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What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.
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Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...