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Hello,
I have a question about something I've never done before, a wholesale flip. I've bought fixer's before, remodeled then sold or kept as rentals but I'm not at all familiar with this "wholesale flipping" concept...
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I was wondering if anyone has been successful "upselling" rental income by offering extras to boost monthly rent. I'm thinking things like extra $ for optional wash/dryer, stainless frig, security alarm, even a flats...
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Any feedback would be awesome, what am I overlooking? Good or Bad. Thanks in advance!I have this property under contract and my inspection period ends today.Purchase price at $525,000, Rehab Estimate $200,000 to $250,...
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I know that a lot of investors don't bother to repair a lot of the problems found in an inspection report. But how do you choose what to address and what not to? When I talk with the inspectors, naturally they tend to...
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Have you ever had to deal with another landlord who is a slumlord?I am in a small condo building and my unit A is adjacent to another unit B. I rent out unit A and the other owner rents out unit B. I maintain unit A...
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Have in interesting scenario. Put the property on the market for rental, did an open house, found some renters that we liked. Took it off market. They submitted their security deposit, but have not signed the renta...
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TENANTS FROM HELL #3Move outs from hell.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen it all. F...
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Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...
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I am currently marketing my rental property for a tenant, and I received an email from a prospect asking me if I accept Section 8. I don't know everything about this type of program, and how it works. Also, am I con...
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What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...