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I'm currently sitting on 6 buy and hold investments, and looking to acquire more, but began looking outside of my area due to very few cashflowing opportunities in my market. I've even relaxed my criteria in order to ...
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Hi Everyone,Im a newbie to the REI game, just purchased my first Duplex in St. Paul, MN and I’m wondering should I include utilities with rent? The water meter isn’t separate and gas/electric is set up to where the to...
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My wife and I own a two-flat in Chicago, and we're planning to upgrade our heating system. Currently, we have boilers and radiators that we want to remove to create space in the basement for a future conversion into a...
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Heres the real estate deal:
Property is hour an half drive from where I live in Michigan
All in for $16K, re sell on land contract for $25K
Buyer agrees on putting down $1200 and paying $500 a mon...
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Hey any pros and cons of renting to Marijuana dispensary? I don''t know much about the details of the prop 64 that has passed, but apparently recreational marijuana is going to soon be legal for sale in California.I ...
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I've probably bought a couple of dozen books over the years and I've spend a few hundred on my BP plus membership, so a few hundred dollars in total. Best book I've read is @J Scott 's The book on Flipping Houses. I...
I'm looking to possibly getting into the vacation rental business by purchasing a condo or home reasonably priced, in Florida as a income property only. I'm new to this and don't really know much about it, can anyone ...
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After furnishing quite a few properties for short-term rentals, we generally have a pretty good sense of how much to budget for furnishing whenever we’re putting together a budget for new properties. Being able to bud...
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What would you do in this situation:
Business: Manufacturing
Commercial building valued at 2mil
550k left on mortgage
800k Line of credit (650k balance)
Bank is demanding line of credit balance to be lower than 5...
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Searched the lease option forum but was unable to find this answer...user error I'm sure. Should language pertaining to a rent credit be included in the lease or the option? I plan to credit $100 to the T/B for each ...