So I'll be the first to admit, I wasn't very optimistic about driving for dollars actually working. However, my partner and I are committed to making our REI business work, so we gave it a shot. One driving for dollar...
So this is directly from the City of Minneapolis website where the Renter Protection Ordinance was passed unanimously by the City Council and will go into effect June 2020. Please read, because apparently as a Landlo...
Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
We had our offer accepted on our first rental property and after looking up the current tenants, we've got a convicted, registered sexually violent predator against children in this triplex. Repeat offender. Anyone de...
Looking at a potential foreclosure property, backyard of house is on a slight decline, as is all the other 5 houses in a row. There are several cracks throughout the exterior of the house, some have even been tuck poi...
Anyone have any success in a bank allowing you/your investor to assign a contract? I have heard through the grapevine that Wachovia will allow it, but I don't know for sure. A local Realtor associate told me today t...
Hello BiggerPockets community,As I begin underwriting smaller acquisitions targets in both Logan Square and Englewood, I find it hard to project anything beyond a 10% IRR, CoC above 3.5%, and an equity multiple north ...
With the nonstop eviction moratoriums, is it possible to write in a lease for an annual lease to convert to a month-to-month lease upon any lease violation? Making it easier to not renew and avoid the eviction morator...
If we have learned anything it is, no one is special. The confines of sensible business even extend to oil "rich" markets. They broke the buyers of their oil. Now we try not to buy their product no matter how cheap it...
My parents have a property in Las Vegas that they are renting out and the property manager recently found a tenant and has a lease agreement signed. We asked for the tenant’s information such as their credit score, ba...