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I have a tenant who paid the entire year's rent. Yep, one year in full. It was one of the tenant's parents who actually paid the money and the tenant gave us a cashiers check. The tenants are in their late 30s.In any ...
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Hi All,I have some cash (around 80k) on hand (on top of my emergency funds) that I am considering using to buy a rental property to generate some cash flow. I own the condo which I am living in currently with a ~100k ...
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Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?
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I am interested in hearing from property managers & landlords nationwide, but really interested to hear from Memphis managers and landlords. Do you successful enforce tenants to pay maintenance under $150? For t...
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My wife and I own 2 rental properties in Colorado that we are working on getting into LLCs for asset protection purposes. I also have a single member LLC for work. We have a Wyoming LLC owned 50/50 between the two of ...
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I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
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I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years. So far the information about landlord history and income is normal. On their applications I ask for drivers license number and state...
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Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
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I hear all the time almost every week from Investors that good deals are hard to come by...What is everyone's thoughts? Do you work with agents to find deals, search through realtor.com or other sites?
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Hi friends,Here is my question. a friend of mine has a fairly large real estate development deal he wants to market privately to large investors. He has asked me to reach out to my SOI for a potential investor. IF I f...