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Hello all. I'm hoping to get some advice on a matter I'm having with the board of my condo complex.Briefly, they negotiated a $4.2M renovation loan whereby the collateral is the monthly assessments collected from the ...
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Hello BP fellows, There is a multi-family property with 5 units in the Fort Lauderdale area priced at $599k that has an average occupancy of 100%, cap rate of 6.53. The current lease is $925 - $975 p/m grossing $57,18...
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I've just joined today after discovering BP two days ago. Wow! What a wealth of information!My husband and I are under contract for our first rehab property (well, our first rehab for income producing purposes - we've...
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Lord, it’s been going on 4 years and some days I feel like an idiot. I’m not sure if I’m growing fast or the ship is sinking just yet. :). I have 4 solid rentals, 1 short term AirBNB rental, 3 in need of fixing and 1...
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I am thinking about purchasing a single family (3 bedroom, 900 - 1500 square feet) home to lease within 30 minutes of Charleston, SC. Where would be a good area to look? I vacation there but am not so familiar with th...
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Hello Everyone,
Running into weird issue, I had a tenant in my condo. As per law I kept the deposit in separate interest bearing account. The Law states I should pay them the interest from the deposit at the end of ...
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Hello to all. I am new to RE and am interested in wholesaling to begin with. I have been reading Than Merrill's new book "The wholesaling bible". In the book he stresses the need to learn to evaluate properties qui...
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I've only been in business a short while, but own three rentals. One I had to turn over already due to the quality of tenants, and it just happens to be the house with the most door locks I've ever seen on a 1200 s.f...
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Toledo passed the lead dust law law, not to be confused with lead paint. The damage is done and preparations must be made. No one should buy here without truly understanding the implications as the fine is $1500 per m...
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Hi wats the reason to have a llc for your real estate business wat does it do how does it protect you. If I can get an example of a situation that will be great thanks