Alan Asriants
Considerations When Buying Older Multi-Family Properties
Introduction:
Investing in multi-family properties can be a lucrative venture, but it's essential to carefully evaluate the condition of the property before making a purchase. Older multi-family properties, in partic...
Adrian Smude
Bird Dog fee
I closed on a deal last week that I got from a REIA meeting. The girl did not pitch it to me, but brought it up in conversation. She works for a real estate data company as she learns about REI. Her boss is a broke...
Dick M.
Tenant disappears after giving deposit
I had a prospective tenant give me a the security deposit with the understanding I'd get the rent in 2 days (no keys given). Now that date has passed and the phone number we have been using is disconnected. How lon...
Rich C.
Financing a portfolio of properties
I am wondering if anyone has used the following strategy to finance property renovations or pay down principal.
Hypothetical situation: Portfolio of 5 properties that are currently rented but need renovations if goal...
Jonah Hartsburg
Consumer Sovereignty: A Gut Check for Entrepreneurs
The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they ...
Jean Zipagan
Looking Up (Deceased) Owner Info on Distressed Properties in Indy
Hi Indy BP folks,
I bought a cute lil SFR in the midst of quarantine & am house hacking just north of downtown Indy, by the Monon. I've been "jogging for deals" and found a promising very distressed property near...
Samuel Gostnell
Best Way to Tell Tenant I'm Selling
Hey everyone, I have a rental property that I am looking to sell. My tenant is on a month to month lease, but has really settled into the property and has expressed that he intends to live there as long as he can. He ...
Ally Kumar
1st time renewing lease, do I ask for another pet deposit?
Hi all, I am renewing lease for my tenant for the first time. They paid $250 pet deposit last year. I am not sure if I should take pet deposit of $250 per every lease of 12 months or it it a one time pet deposit. Seco...
Evans Wright
Moving into a purchased 2-4plex that has no vacancies?
My question is how would you handle moving into a 2-4plex that you have purchased if there are no vacancies?I recently contacted a property owner and that was selling a 4plex and asked him if any of the units were vac...
Benjamin S.
Probate Sale for First Flip?
Hi Everyone,
Shout out to the community for some of the best content I have come across yet! I am a new investor, and recently found a very solid opportunity for my first flip. The only issue is that it is a Probat...