The owner wanted to do a seller carry for 200k with a 8.5% interest rate and Sale it for 300k.
After a month of the seller bluffing about all the buyers they had we finally got it done. Here are the details of final ...
Hi BP Community,I think I found a good duplex to purchase for house hacking that works number wise. This will be my first investment so I am trying to make sure it goes well to set me up for future investments. I di...
I'm always looking for good ideas. How do you tell a tenant their tenancy is coming to an end when they are in self denial about the gravity of the situation? Here are some things I've done to send the message "it's o...
Hi!I'm in need of some advice for dealing with two problem tenants. I recently purchased a 4-plex in Arizona and inherited 3 of the 4 tenants (2 out of 3 on Section 8). At closing, I immediately accepted a 4th tenan...
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
I have experience investing in other areas and have recently started looking at Philly as a good prospect to invest in since it is relatively close to NYC but seemingly with lower price points and higher ROIs. I norm...
I'm a property manager in Palm Beach County and I've grown increasingly frustrated with the costs associated with appliance repairs in recent months. This is causing me to reconsider only using used appliances in our ...
I manage a property where the tenant has paid rent on time for the first few months but the last 3 months the tenant has paid late by almost 20-30 days. I usually reach out to him once to twice a week asking when rent...
I have a 4/2/1 rental in a desirable area that’s about 1,700 SF and I can't get it rented! I had a motivated seller call me on my bill board, negotiated the short sale, bought it and had it fixed up so it’s clean &...
Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...