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I'm looking for some feedback, especially from my fellow Rochester, NY investors. My tenant left the duplex unit after almost being evicted. My property manager sent a request to their contractor to make the unit read...
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Hello, I am thinking about starting my first RE syndication. I plan on raising money from at least two dozen family and friends spread out all over the U.S. I was considering the 506(b) to do this. (Sky notice filing ...
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I recently completed my first year of being a landlord. The lease has ended and I owe the tenants part of their security deposit back. I had to have some repairs completed. Some things I had to sub out and have invoic...
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This is a basic question that I have been curious about, let's say you purchase your first rehab with a loan from the bank for $200,000 and you sell the rehab for $250,000. Now would you pay the bank loan off right aw...
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Investment Info:
Single-family residence fix & flip investment in Phoenix.
Purchase price: $165,000
Cash invested: $32,500
Sale price: $235,000
It was a 2/1 with 824 sq ft in a Northeast Phoe...
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I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
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I had a nightmare tenant who owes back rent and damages of around $6,500. No forwarding address and the initial letter with a detailed bill bounced back (no post office forwarding). Best practices for going after th...
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This mourning I learned one of my rehabs was broken into for the third time in the past five months (it is a low priority, I work on it between other jobs). Ironicly last night they stole the vinyl windows which I bou...
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I recently purchased a property that had tenants in their. I'm wondering how do you handle clean up costs and damages from a tenant. Example. The screen door was broken and they did not clean the kitchen, carpets, etc...
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Guys,
Need some urgent help! I have a meeting coming up with private lenders and I need some material/slide ware to build up a presentation for them in order to raise funds/private money in Real Estate Inve...