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Greetings BPers,This is a question directed more towards the accountant gurus of the crowd, or those with experience in this type of specific transaction...I have a situation where I'll be acquiring a property via a q...
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We had a tenant who moved out. He had TONS of clutter around the property and said he'd move everything out slowly. He gave the key day 1. around day 14 or so i text him telling him we need to remove his junk off t...
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Hey everyone,I'm sending a notice of non-renewal of lease to some tenants in Baltimore City. Does anyone know whether Baltimore City requires me to state a reason why I'm not renewing the lease? The tenants are expect...
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1. If I offer a tenant $500 cash for keys, do I also give them the security deposit even though I don't have rent late into the month?2. When exactly does one offer this? If grace period ends on 5th of month, sending ...
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We will be renting our 1st SFR in central Texas. I am a little anxious as in where we could find/consult on a lease agreement. I've downloaded the application off BP and plan on using it, but not real sure where to s...
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Hi, BPers, one quick question again. Are all REOs sold as-is? I would like to find some REOs that not sold asis, but don't want to waste my time and energy looking for something doesn't even exist.
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I've got a client that bought a property for $129,000 then sold it for $169,000 with 10% seller financing. The buyers (after 2 -3 years), are in bankruptcy (chapt 13), but have not listed my client, the sub-ordinate ...
Hello Everyone,I am looking to get started into real estate investing, more specifically wholesaling. I have been doing research for about 4-5 months now, and my concern is that when it’s time to put a house under con...
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Timing is Everything with Real Estate….both Residential and Investment. A current CMA is a must and will save clients thousands of dollars on a transaction. Staying current on market changes, possessing the experie...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Topeka.
Purchase price: $40,000
Cash invested: $500
Three unit multifamily house that had been well maintained. Updated t...