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I bought a condo that's been a student rental for 23 years. It was actually what I would call "student clean" when I got it, so it only took an hour of vacuuming per room to get it to the point where the carpets coul...
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Have any of you used DM to source deals? I'm planning to target a list of ~700 multifamily owners once a month for six months and I have a few questions.1. I'm not sure on postcards vs. direct mail - do you know which...
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I have a commercial tenant that I am evicting at the end of the lease term. Their lawyer called me and requested a copy of the lease agreement. Do I legally have to provide them a copy considering they lost the origin...
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I genuinely need answers from professionals. My husband & I have spoken to 6 different lenders. Each one we have spoken to gave us a different answer to why we can't get approved, please help me understand why.
O...
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My rental unit got hit with a 33% tax hike this year. Looking through the county neighborhood data I noticed my property had the highest hike, about 7 others at about 24% +/-. The rest come in at 8-12% and even 2 @5%...
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I’ve been checking out turnkey out of state (I live in Texas) real estate investing companies like Rent to Retirement, Sharestates, etc. but don’t have a good feel for if they are legit. By legit I mean actually do ...
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Hello BP community!! I value your advice and know there’s no better advice than from the doers, so here I am seeking advice from doers. I just worked a 15 hour day and the whole time the thoughts that ruled my mind wh...
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I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
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I am joining forces with several investors for the purchase of an apartment building. What is the typical arrangement for distribution of cash flow, profit sharing, and sales proceeds? My template is: 8% quarterly...
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Hello BP. I am a new investor in the Asheville, NC area. I've been lurking/reading for quite some time and have finally decided to post. Sorry for the lengthy post, but I thought I'd provide some background info befor...