Scott Jeannerett
First deal-10 units-three duplexes and a 4-plex
Hello BP!!I am currently working on my first deal and I'd LOVE to hear some feedback. It's 10 units, three duplexes and one quad with a total income of $6k/mo. The purchase price is $410k, taxes and ins. will be app...
Troy Biggham
Tenant is in a wheelchair now requested move due to two stairs
My tenant who was injured somewhere and is now in a wheelchair is requesting a letter to break her lease. She is a voucher recipient and thus far a really good tenant ( 4 months). She has given me a move date but says...
Jacob D.
Review my deal: 3 Family in C neighborhood
765k purchase price 6.5% (w 2 points) interest rate investment loan 25% down. Three 2bd 1ba apartments with a 6 car driveway and a large yard in MA. 2,550 sqft living space on a 8,000 sqft lot.
$192k downpayment
$7...
Stephanie Wells
One Water Meter Dilemma in Tampa
Buying a duplex in Ybor with 1 water meter. My cash flow is stretched super thin on this one and I’d like to be able to bill the tenants for water based on how many people are occupying each unit. Is this legal in Tam...
Kesha Hamilton
Owner Finance Income vs Rental Income
Hello,I am in the process of acquiring more property for passive cashflow. The more I think about it, I am leaning towards doing owner financing instead of a rental because it may be more beneficial, but want to be mo...
Jack Barkow
Contract Law & When is it Time to Lawyer Up? (Indiana)
I fired my property manager last Friday.. September 6th. The management company has been lacking in several areas, but the biggest is not doing maintenance in a timely manner and not filling vacancies (I'm talking 4 ...
Rob Dowsett
Inherited Tenant Issue ... Please help
We have a tenant that we inherited when we bought a property in Hamilton, Ontario. The tenant has been in the unit for 5 years, and is currently month to month. The following issue has arisen with the tenant recently ...
James Norton
Lease Purchase
Hi. First, I want to thank the creators of BP for this wonderful site. I've been briefly following along and am eager to get started investing in real estate.My question is for any experienced investor who does lease ...
Jonathan W.
Have you ever given a tenants deposit back too early?
Have you ever given a tenants deposit back too early and then discovered damages upon further review? What were they and why did you miss them? Also did you send them a bill?
Ali Samana
Buy & Hold property analysis
Hello,
I am not into buy and hold, but would like to get into it. Knowing that, I had a realtor call me about a possible deal he considers a good cash flow property. Here is the broad (numbers) overview.
The prope...