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I have a potential partner looking to convert a motel in studio apartments. Question being, is there ANY LEGAL REQUIREMENT or Minimum square footage or area needed in order to rent that studio to section 8? Does that ...
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I want alerts for Augusta, but not for users named Augusta. Can you add an option to exclude usernames from the search? For example, I get alerts for this thread, because one of the user's last names is Augusta (it...
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I personally purchased a four-plex last week with FHA financing. I signed a property manager on at 6.5% or $40 a unit which ever is greater and $150 new lease commission (excludes any renewals). Do you protect it pers...
Just got into escrow and found two of what I believe to be expired liens. I can still purchase the property but title insurance excludes the liens. I know that to rehab and then resell I'll need to get the liens off...
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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...