My partner and I are actively looking to acquire a ~12 room hotel and utilizing a lot of the STR systems we use in our single family homes. Curious if anyone else has implemented this strategy and is willing to share ...
Greetings everyone,First off, the first place I feel comfortable expressing any opportunity I have would be BiggerPockets. I feel sure but I want to feel safe in my next investment. So, with that being said I would lo...
Investment Info:Large multi-family (5+ units) buy & hold investment.
Purchase price: $112,900This is a distressed mom&pop 6-plex. I am performing light renovation, rebranding, and implementing new manage...
Does anyone have experience with having tenants take out security deposit insurance as opposed to charging the tenant a months rent for deposit? I’m thinking about using it next year for my student rentals. If you hav...
I purchased my first 4-plex earlier this year. The building was fully rented and three of the tenants are long term renters and smokers. One of those tenants has decided to move out and just recently gave notice that ...
Potentially purchasing a 28 unit complex and would like to get the forums insight. It was built in 1941, sits on half an acre. Seller owned for 10 years, selling due to cross country move. Asking price is $420,000. Pr...
Hi All,Have a few questions regarding the collection of security deposits. In the commonwealth of MA, I understand there are strict regulations around security deposits including:1. Having a Tenant-Landlord Checklist...
Perhaps there might be a response from others who either operate or utilize a crowd funding platform as there are some similarities. Question.. how does the involvement of a foreign accredited investor/entity in a US...
Seems to be the consensus a non-refundable move-in fee is preferred in Chicago -- legal reasons.
What about getting, in addition, first and last month's rent prior to move in? Does this open you up to more litigation...
I am closing on a 5 family very soon. It's my first buy and hold. All of the tenants are TAW with no lease agreements in place. There are no security deposits and no last months rent being held and the rents are well ...