Cody Godfrey
How would you valuate this park?
I’m looking into possibly purchasing a mobile home park about 4 hours away from my home town.. it’s in a great growing market. The owner is 84 years old and sounds very willing to give it up as his kids want nothing t...
Jared Lundy
How to tell tenant they have to leave
I am pretty new to RE investing and I am in the process of buying a little rental. There is a tenant in the rental who has lived there for 13 years but is only paying $400 month but there is no lease in place.The owne...
Emily McCabe
Can I use “cash for keys” before closing on a property?
I have 2 properties under contract, 6 units total. 3 of the units are occupied, and 3 are vacant. I really want at least 2 of the tenants to move out before closing, preferably all 3, due to liability issues (the prop...
Luke H.
how to win over tenants
Merry Holidays, Hope all are well.I'm currently not getting many tenant applications on a rental, probably due to the holidays and supply in the area...I have some potential tenants that are interested in the place an...
Athan Seyler
counting other units rent as income before owning?
I'm wanting to purchase my first rental property as being a 3plex or 4plex but I notice the mortgage may be 60%-75% of my income. i know most places would deny this but, there's some properties that'll say that there'...
Jedd Braunwarth
Off market deal- how can seller lessen tax burden selling to me?
Alright experts need some advice. I have an off market deal I am buying from a seller, roughly $1.8mm, we had many conversations, toured the property, etc. The owner is wanting to fully retire and move out of state an...
Adam Rasmussen
Creative Financing Help
Hello BP,I have recently been in contact with a motivated seller on a single family rental in my area. He is an older gentleman with a few pain points that I have found out:1) He wants to make sure when he passes away...
Nicholas Parker
Newbie and house hacking
So I am new to real estate investing. I have 0 doors. I love the idea of house hacking. Now I am assuming this might change per state (that is a guess) as different state protect tenants differently. With that said a ...
Jonathan Newman
Evaluating deal on 4-plex
What are your thoughts on this deal?
It's got 4 1br/1ba units. Comparable rents in the area are $350-390, some including partial utilities.
Asking price is $29k and it needs "about" $25k in repairs, which can be ...
Inderpal Chadha
Selling with Owner Financing
HelloThis question is about structuring a specific deal. We have a house in Mt.Baker Seattle area which we have remodeled and is worth $650,000. We have a buyer whose credit has been damaged by the bank and they have ...