Hi BP!I am analyzing two properties in the same town as I am interested in purchasing one or both for my first REI. All of the data has been provided by the owners. Here are the numbers for the two properties: Two Pro...
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Hello fellow landlords. About 6 months ago I made an offer on a large triplex and shortly after the owner went into bankruptcy. Lawyers representing the people she owed money to contacted us and asked if we were still...
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Hello!
I need to ensure that I understand the different main contracts that wholesalers use. I have quite a few questions about them, so I apologize in advance for the length. I have been searching BP for answers o...
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Hello BP,My name is Matt and I am a young professional living in Chicago. I came across BP about three months ago, and have since become fascinated with REI. My current goal is to purchase a 3-4 unit property that nee...
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I've been a long time resident of Union City and I've recently been in contact with several City officials who have expressed an interest in converting the City's commercial landscape from warehouses to offices, wheth...
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I recently received the following text from my tenant:"Hey I was wondering if there's any way you'd be open to ending our lease early in hopes of finding a new tenant. My wife and I are divorcing and I haven't even be...
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Hello,
I've been considering turning my 4-plex into an 8 unit building in order to increase cash flow. Is this a good idea?
4-plex is located in the Fort Lauderdale area, It consists of 2 duplexes facing each othe...
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Is a permit needed to have a short term rental in sevier county outside city limits? What is the process to get started from a local standpoint?
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I'll be closing on my first duplex in about a month and will be inheriting a tenant on the second floor in which I will be occupying the first floor. Currently the tenant is on a month to month lease and getting a br...
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Hi all,Long story short, (see previous post for long story) I bought a giant headache as my first property and am waaayyy over budget, but good ol’ LA real estate has amazingly enough exceeded my deficit. I still have...