Question for the landlords and property managers out there. If a tenant offered to pay all 12 months of rent upfront on a 12 month lease. 1) Would you take it?2) Would you offer a discount for this upfront payment? If...
Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are th...
Hello all,
From reading, it's recommended that RE attorney should be part of investor's team. Since RE attorney would
charge expensive fee, I'm thinking about being member of Prepaid Legal service.
Anyone has this s...
Hello BPers,I was doing some driving for dollars today. While looking at some properties an owner of a nearby unit approached me about selling his. He let me know that the current tenant had signed a year lease and pa...
Gross Rental Yield: annual rental income divided by my property’s value/price (multiplied by 100 to get the percentage). Where Property's value/price is comprised of the purchase price, all closing costs, and any ren...
What would happen if someone were to sign a 10 year lease for office space,
pay the 10 years rent up front and the office building was later foreclosed on?
Would they be entitled to stay for the remainder of there le...
I have a renter who paid me 12 months in advance ending this June 30. She has 2 big dogs who have gotten out multiple times and tried biting the same neighbor (grabbed her jacket - no broken skin) twice. Animal contro...
I do remote rehabs in small towns paint, fix, flooring, ac type work. I find contractors using craigslist gigs ads where I give the entire punch list WITH prices I pay. I've done enough to know a good price. I alwa...
Hello, I'm a total newbie and in the very beginning stages of building a team and gathering resources. I'm thinking of establishing an LLC to transfer future purchases into. Does anybody have experience with using a...
So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...