As a property manager, one of the crucial and multifaceted responsibilities is ensuring that landlords have reliable tenants who will treat their property with respect, maintain it in good condition, and pay rent cons...
Looking at a small (10,000sf) facility in tertiary market (pop 12,000). Current owner (lives about 45 mins from facility) really doesn't care much about the property and the reason he is selling is "he doesn't have t...
Hi BP!I'm hoping you can help me with this scenario. I'm planning to purchase a single family STR with a partner and there are a few things we are hoping to achieve.What we want to do: -Finance using 10% down seco...
Hi BP!,I'm buying my first duplex and am learning a lot as I go (despite all my prior research)! This particular property is a Short Sale in Cincinnati, OH and has about $2k (1 years' worth) of past due taxes on it.My...
Investment Info:
Condo fix & flip investment.
Purchase price: $294,500
Cash invested: $55,000
Sale price: $634,888
Partner Driven, with Cindy and Damon Robbins, completed a profitable condo d...
I’m looking for advice on using a Hard Money lender. I understand the underwriting process is a bit different from bank financing where they prefer you have a property under-contract to move forward with qualifying. M...
I close on 14 properties in less than 2 weeks just outside of Springfield, MO. Most of them have month to month tenants in them currently. Is it appropriate to screen them after I take possession since their contracts...
I just bought a rental property and one tenant moved out and took the fridge with her saying she bought it. A fridge and stove were included in the sale for each unit. I contacted the prior owner who said he would get...
At what point in the process of buying a rental property is it best to ask for copies of leases from existing tenants, schedule a walkthrough of the units, etc. Is it best before you make an offer, or during your due ...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $180,000
Sale price: $209,900
Contributors:
Peter Vekselman
Partner Driven and Traci Stephens purchased ...