John Foster
Experiences with Lease Options
Hey Everyone,
I'm considering lease options as a future investing strategy and am curious to hear others experience with it. Do the tenants often buy the house at the end of the deal? How long do most lease options g...
Daria B.
PM refuses to log tenant reimbursement properly
The PM refuses to log the utility reimbursement from tenant properly, is this really a big deal?I pay the utility directly, for reasons of ensuring it gets paid and is not the issue here.The tenants receive a bill cop...
Nicole S.
3 day or Pay for Month to Month Tenants
I have 2 month to month tenants that are two months behind on the rent in Michigan. Does it really do me any good to give them a 3 day to pay or quit notice? Or should I just give them the 30 days notice required fo...
Jason Mak
Collecting RUBS Delinquencies in California
Question for California multifamily landlords who have implemented RUBS to recoup utility costs. I have implemented a RUBs systems using Realpage to begin billing my tenants RUBs however several tenants refuse to pay ...
Guillermo Paul
Need help with a friend who is going into foreclosure in January 2014
This lady, friend of our family is going into foreclosure in January of 2014 and she asked us if we can help her. We are newer than newbies in the Real Estate arena and need some help from the pros who know this bu...
Virginia Jones
Paying down debt vs. continuing leverage
I've been going back and forth over what to do and would appreciate any feedback. A couple months ago we purchased a SFH with cash and an unsecured credit line ($20,000). The line is interest monthly with a variable i...
Account Closed
WHAT DOES IT TAKE TO GET OUR FOOT IN THE DOOR?
My fiancé and I are both new to real estate. We’re honestly still in a research phase. I am more interested in wholesale but he has expressed an interest in commercial real estate. I’d just like to know how one gets i...
Nic Armond
Pre-Signed Deed in Lieu Execution (Montgomery County, PA)
Hello, BP.
I'm looking to contest a deed in lieu that was recorded against an investment property of mine on 11/16/22.
Just a quick backstory: this deed in lieu was given to me by lender to sign (which I agreed to ...
Jacob Ramsey
Need help understanding my financing options for first rental property
A partner and I would like to purchase a residential multi-family property this year. Most likely this would be a duplex or triplex. In the areas that we are looking at, the property purchase price would be under 200K...
Daniel Yoo
Analyze This...deal???
Here's the skinny-
85 units
71% Occupancy
NOI 148,991 (Actual NOI from his package, however spreadsheets I got showed Actuals of 124,051)
Price $1.6M
...