We are buying a house and closing soon. During my final walk through, the tenant pulled me aside and said that he wanted to break the lease. I told him that the lease cannot be broken. That, just like I can't come i...
I close on Friday on two buildings (30 storage units) and a small office space. Currently ill-managed with 27% vacancy...while the area is about 98% occupancy on storage.Anyhow, have another buyer interested in picki...
It is crucial to analyze a market before you invest in it.
There are various factors that you can analyze to have a thorough, multidimensional analysis of the market. These include population growth, job growth, medi...
Tenant has caused me a major repair job. He tried to unclog the toilet himself by putting a long cable into the toilet. It is now wrapped up in the septic system. Plumber told me he has caused major damage. He put it ...
just wanted to keep you all in the loop! The first week was expensive but it's over. Inspection is done and my contractor is crunching numbers for repairs. I've gotten everything I need done and in to my funding pa...
I have a seller who owns 5 rental properties under one loan. He bought them with an LOC. The seller no longer wants the properties and will allow me to take them over. The loan is at a 7.25% and I would like to take t...
I have called him two times and left a message saying I would like to meet him and go over some things. It has been 3 days and he still has not called me back. He had a lease with the old owner but it was month to mon...
There is a "tired landlord" who wants to do a lease option. There is a 80yr old tenant in the property. The landlord says the lease expires in 2 months. But the tenant might keep renting the property. So, What would ...
Hi, newbie here. Still trying to wrap my head around the refinance part of the BRRRR process. What’s in it for a lender to offer me an LTV loan? When are lenders more likely to offer LTV loans, market wise, and based...
George Bailey's wife buys a haunted-looking fixer-upper house that’s been sitting vacant for "20 years"in upstate NY... It needs about $125k of full rehab work in todays dollars... I think she gets the place for penni...