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Greetings everyone,I'm reviewing a package deal right now involving 6 properties – 14 units. Most of the properties are in the same neighborhood (D-Class), there is the option to extend the deal to 10 properties – 22...
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Hello BP community,I am new to RE investing however I have been wanting to do this for a very long time. I have researched the RE business extensively. I have owned and opetated my own business. I have a resume that b...
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I have a friend looking to buy a summer home/vacation rental type property in Little Compton or Tiverton, Rhode Island. The summer numbers look great (about $3500/week, less management fees, VRBO, etc.). Does anyone k...
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Hello- My tenant signed a one year lease (after completing a two year lease) in July. They just called two days ago (October 10th) to tell me they are breaking the lease and will move out and stop paying rent Novembe...
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Hello,
I purchased my first house hack in Sacramento, CA recently, and I have some questions about tracking expenses.
What do I need to have to have in order to write off expenses as I am prepping the property for r...
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Hey glad to be here. My name is Alex. I am 28. I had no interest in finances until about a year ago. I read Rich Dad, Poor Dad and it changed how I looked at things. I never made more than about $13 or $14 an hour. Du...
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Could someone provide me with numbers on a good "sub2" deal (starting from acquiring the property "subject to" and then lease optioning it to a tenant buyer)? If I didn't provide enough info, please feel free to ask.H...
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Hi,I am looking to invest in an apartment in Bayonne NJ in a month or two. This is the area that is still the least expensive and pretty close to NY city. Why is it so? Do you think this is the right time to buy and r...
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Do I always need to have a prospective tenant fill out an application to rent? Is that so I can weed out any prospective tenants there if something is a red flag? Then if all looks good though, I send them the residen...
Hello. I was recently hired by a RE developer as a Business Development Manager. Part of my role here is to raise capital for projects in the pipeline. To date, my boss has been self-financed or through traditional fi...