My first tenant is in agreement to renew their lease. What do you all do in this situation? Do you make another copy of the original lease with new dates? Do you have a one piece of paper saying that the original leas...

A Colleague who does realestate business in NJ had a auctioned property and looking to sale somebody with his profit as he was not able to pay all cash . I Brought the property from Sherrif sale which he redirected to...

My current REI strategy is to find a 2-4 unit property. However inventory is low with many decent properties being out of my price range (~$350k +/-) or in need of serious repair (foundation issues, etc.)I'm thinking ...

I hope this message finds you well. I wanted to update you on the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA).
As you may be aware, on December 3, 2024, th...

Hi all. I just bought my first 8-plex yesterday. I got a sweet deal on a contract for deed. My mind is racing on where to start. I have to get the inspection done first, but after that I have a lot of housekeeping to ...

Hi all,If you had an applicant with bad history ( eviction last year, and bad credit) and thinking of giving this person a chance, how would you set the terms? Rent? Special clause? Safety deposit amount? Any special ...

Hi folks. I haven't posted much here on BP, but I have a deal I'm trying to work out. I thought I'd try posting my scenario and hopefully collect some good advice! I wasn't sure which strategy forum to post in, so I p...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Las Vegas.

Purchase price: $352,500

Cash invested: $20,000

4-plex: 4x2bd/2ba 6,969 sqft. Currently living in a unit so net...

Hello all I'm looking at buying a 25 room motel. Its in a small but growing town I want to rent it by the week and run it off site kinda like the Air b&B. The over head with the loan payment and all should run aro...

Fellow landlords and PM, how should I respond to this text message from my tenant? My tenant texted me this morning regarding renewing his lease which ends on October. He wants to revert back to $850/month (which is w...