Looking to purchase 6 units. It is (2) 3 unit residential units. 120k cost. Approx $12k/yr taxes and water/sewer. All utilities paid by tenants except water/sewer. Currently all units rented with Long term tenants wit...
I have a tenant that moved in June 15, 2016, and I would like to increase his rent as of July 1, 2017The CPI starting July 1, 2016 was 2%But the new Oakland CPI comes out in July 1, 2017.So 1) Can I increase his rent ...
I have an 8 unit I bought in April, that Im looking to cash out refi after done with value add. Value add will be increasing rents, lowering dumpster fees, lowering utility costs, new windows and paint. The biggest va...
Long time BRRRer here, planning on leaving my W2 soon to pursue flips (and raise my babies) Ive read the BP book on flipping. I also have a contractors license and I am good at seeing value but I’ve never sold anyth...
So recently purchased a 6 family building. 3 tenants have existing leases and 3 are MTM. What is standard operating procedure in getting new leases with them. Are current leases with old owner null and void? Can I...
Hello, I’m looking to start wholesaling to try raising money faster to buy my first multifamily property. I don’t want to work as agent that’s why I find if I sell just one or two properties as wholesale I will have t...
Dear all, Hope all is well. We found a really good commercial deal in TX and need some help to raise capital. The first-year cash-on-cash return is around 8.23%. This property has a single tenant and approximately 7...
Hi BP Fam!Over the weekend I received two delinquent tax bills from LA county for 2016-17 and 2017-18. Totaling of about $2K.I found this odd because my mortgage bank is setup to pay for the taxes and ,per my escrow, ...
I am in the process of buying my first mobile home park. I have been primarily rental investors for SF and TH. I have recently come across a 27 units MHP (10 vacant) whichIs 2.5 hours away from my resident. It was a ...
Hello!
I have come across a great deal that I am looking at raising money for. I am not looking to syndicate at this moment but rather raise the funds for the downpayment from 1 or 2 investors. I am looking to get...