Hello all. Currently I'm involved in a land contract with 11 single family homes and one duplex. The total purchase price is $720,000 which is $60k per property. The homes are rented out and located in Cleveland Heigh...

We are looking into buying a property where the seller would help us with the downpayment.  In banking terms I think it is known as seller carry back 2nd.  Not all lenders are willing to have the downpayment financed....

I recently had my tenant's tub refinished after she reported the finish was peeling, at a cost of about $450. I told her that the shower couldn't be used for 24 hours after the work was completed, but her boyfriend ca...

Hi,
We have a large duplex (2100+ sqft each unit) in a great in town location surrounded by large SFR. The size of the units isn't really reflected in it's rental value as most renters looking for this kind of sqft w...

I live in CA and plan to invest into a RE rental property in Florida incorporating business entities for an assets protection.  If you have some experience with this, I would appreciate your help.
Questions:
1. Flor...

I am in the process of securing a triplex. It has two units above the ground floor space, which is a commercial storefront.  I have years of experience as a residential property manager, but no experience with commerc...

Hey BP,I am looking to borrow private money from friends & family in California (without a deed of trust) for a property purchase outside of California. Does the promissory note have to be created for California o...

Hello,I'm a newbie. I recently purchased a 3 unit rental property. It is fully occupied with great tenants. I charged security deposits but from the discussions I've been reading it sounds like a Move In fee is the wa...

I have read many different perspectives on the deposit that landlords ask renters to pay before moving in.  What is a fair amount to ask the renter to pay?  I would like to get the equivalent of the monthly rent as a ...

Hi Folks,I'm looking to structure my first seller financing deal on a property I'm going to see tomorrow. I know the seller from an open house when his property was listed. It didn't sell, and he reached out to me a f...