I am interested in a 7 unit property. This is the last investment property held by this owner. Asking price is around $800,000. Owes about $250,000. He bought it with 1031 but wants to get out this lifestyle and will ...
So I am a 19 y/o from Wichita, KS and I am attending college at Kansas State University. I have a little background knowledge in REI from a brief attempt at wholesaling properties in Wichita about a year ago. After sp...
Hi,
I am first time landlord. My tenants are asking me to add few blinds to windows and have agreed to split the cost 50:50. My questions are:
1) What kind of addendum do I make them sign to make sure t...
Quirky question. Held an open house this past weekend. Received several good applications. Everything out for screening which will take a few days because I am newly-registered landlord. A couple that looks great on p...
Hi all,So I manage a retail strip (9 units, 2 are vacant now) in Cypress, TX. In each of the lease that we are having with all of our current tenants we have a Landlord Prohibit Uses list below. Last week we had som...
Hello guys so i am caught up in a dilemma here. Three months ago i joined my local reia and i have learned so much about investing from the meet ups although i had prior knowledge before attending the meet ups, i need...
I have been working with a couple who is moving up from NYC to Syracuse. They came up to visit the place a few days ago. Their mother has agreed to guarantee the rent and has already sent me a bank check with security...
Hi BP members,I am new to the forums and looking to learn a lot through this valuable site. I am very passionate about real estate and want to gain as much knowledge as possible. I have been listening to many podcasts...
Hello BP community,
I need some advice on how to finance my first deal. I have a general location in my city that I want to invest in. The properties in this area are great investments since they are not in the best...
I have bought a few rentals in the Chicago area and am put off by the considerable closing costs, especially from the title company. I'm looking at something right now and the down payment is $18,000 (20% down) and t...