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Hi everyone, purchasing a rental property with a friend. Was wondering what should the initial contribution to the partnership be excluding the downpayment on the mortgage? We are also going to contribute 6 months of...
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First deal to get my feet wet in REI but have quick question.In contract with a property that I expect will cash flow $70-150/month (10% vacancy, 10% PM, $100/mo comb. capex/RM); cash return of 7-13%, excluding what I...
I am buying a 4-plex and inherit the old tenants from the previous owner. The rents are below market price and include all the utilities except electricity (Water, Sewer, and Trash are included). The property has one ...
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Hey everybody,
(Sorry to mods, originally posted this in the wrong forum!)After roaming the BP Forums and blogs for the past few years, my wife and I are finally under contract for our first rental property. So finge...
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I recently signed up new tenants on a 12-month lease, starting in June, for the upper level unit of a duplex I own.
The lease signing at a local coffee shop was the first time I had met the tenants. My wife h...
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I am a military member who owns a home in Texas. I lived in that home as my primary residence from September 2005-August 2009. At that time I received orders outside of a 50 mile radius (Japan to be exact) and move...
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I’m in a hot market trying to find my first rental property. I started with a high expectations on the cash flow but after spending a good amount of time trying to find a deal I realized it’s not that easy so I adjust...
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Ohio - My 3 siblings and myself were each willed small percentages (2%) of my grandmothers estate. My father was willed 8% and his siblings were each willed 16%. Included in estate were two properties and business in...
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Is Syndication still a preferred/popular platform for investors? Has crowdfunding platforms become a more preferred vehicle or are most investors hesitant because of it's technology and still prefer dealing with someo...
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Hello all,
If a brother and sister were deeded a home after the passing of their father, and the sister now wishes to buy out the brother (who has occupied the home for over 2 years), what is the process?
Both partie...