Hello,
Received rent by check and 3 days later check bounced. In my lease it says a $40 late fee for paying late but who should eat the fees for depositing a bad check from tenant? Can I charge them for t...
Hi BP, I would like some advice on a triplex I will be acquiring on June 30, 2021. The current owner disclosed that one of the tenants (occupying the biggest unit) has not paid since April, 2020. His lawyer filed the ...
I was recently explaining for an investor the difference between investing in Real Estate Investment Trust (REIT) vs Direct Real Estate. I see this topic in 2 buckets: rental properties (hands-on) and REITs (hands-o...
Hey guys,I was curious, if you have an investor willing to lend money on an asset and take a second position lien, is that considered a security by the SEC? Or are you within your the laws to give a lien in return for...
Hello all,It took looking into my first real potential brrrr property in detail (under contract now, deciding between flipping or brrrr) to finally realize this dilemma, and would love your input. Basically, I am purc...
Hi All,
I am really hoping to see if anyone else has faced a similar situation and may be able to provide some guidance.
I had a tenant that broke through a second story wooden deck railing at 2 am and fell to the ...
LOT= $45k HOME BUILD= $150kIf I decided to sell once the home was completed what would be an average profit to make on something like this. This is just a generic situation I put together but I’m unsure of ...
I bought a duplex which is a 2BDR /1 Bath per side on the duplex, the 2 bedrooms and bathroom are upstairs. The duplex was built in 1948, so it is older but has good bones and in great location. I initially was just...
Introduction:
Investing in multi-family apartments can be a lucrative venture, but it requires a thorough understanding of financial metrics such as Net Operating Income (NOI), Purchase Price, and Capitalization Ra...
We came back from very long trip and then found my apartmnet was flooded , they drilled holes in ceilings to drain apartment above us , holes everywhere on our ceilings, made our rooms flooded, furniture damage kitche...