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Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
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Hi BP!
I’m considering switching my 3 SFR rentals over to strictly 2 year leases as turnover costs are cutting dramatically into my returns. So far I’ve yet to have any tenant stay longer than one year. All 3 pro...
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Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
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If I wholesale a house to another investor and assign the contract to the investor, what information is visible to the investor and the seller?For example, can the seller see the name of the investor who is buying the...
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Hello BP'ersI'm writing this post to either complain about losing my first wholesale before I got started, or get some advice as to how I could handle it from here. I found a boarded up multiplex (3 large units). It i...
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Seasoned flippers.....What is the best way/ most cost effective to get funding if you are going to only do 5 or so flips per year, small community bank, hard money lender or private investors.
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Good day all,
I'm stuck in analysis paralysis due to Miami Dade's property prices.
I'm very motivated to get out of renting and into owning my first property but the prices for Duplexs and Apartments just continue ...
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I recently spent some time catching up with an old friend via Zoom on our various business endeavors and how our careers since college have been going.I told him about my recent RE journey and shared my investing stra...
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I'm curious as to what I can/cannot say in a tenant review with a new landlord. I know it can get you in a tough spot if you say the wrong bad things about an employee to a new employer - how does it pertain to tenant...
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New member here and I have a very interesting situation with a house we are looking at - We haven't seen the leases yet (but requested them) for a 2 family house we looked at last night. The current tenants have been...