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I found an off market deal that is just slightly below the market rate, so I wouldn’t walk in with much equity. Both units are currently rented out, and at the current rents, the property would have positive cash flow...
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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...
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Hi, I am ready to renew the lease with a good tenant, He accepted the price increase proposed for the new lease starting in october (very reasonable) but has asked about an extended lease. I don't have a reason to be ...
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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 ...
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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...
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Just ran across a way to update your flooring and stay way down on budget called paper flooring. I will link to it in a minute, but has anyone ever tried it on their rehab? Seems to be very durable and looks very nice...
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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 ...
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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 ...
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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...