I did some searches on past forums and while I found some info, I couldn't find anything that was exactly similar to my scenario.I purchased a quad-plex this past Nov. The property was poorly managed and maintained. ...
Newbie here, I am looking to go into contract on a 6 family. For a point of procedure, when should I be presented with the actual income and expense information? Should I have the information prior to an offer or a...
One of our tenants in a single family didn’t want to pay the rent last month itself but when went to collect finally after several reminders gave. It is again rent time and they owe us utilities money for the last 3 m...
Any pitfalls? Any advise?
Hey guys,I have gotten mixed reviews on this, so I would like to see BP's thoughts on it. On a lease option, I will have my lease and a separate contract that will give the TB the option to purchase and also disclose ...
I'm looking at buying a property at the upcoming auction. The 2nd is foreclosing and the sale is subject to the 1st mortgage. Is there any way to determine what the payoff is on the first mortgage?? I know what the...
Hey BP!I’m a new landlord in Massachusetts, particularly New Bedford. As I get acclimated to the business I’m trying to solidify all my systems and processes. I’m curious what other landlords are doing for their renta...
Need to close escrow on a transaction on Monday, October 13. It happened fast. And I need a new LLC to take title with. If I reserve a name officially, can I use that even if the rest of the process is not finished?Pl...
Hey investors! Just a quick question for you guys. I'm looking at some properties and trying to come up with accurate rents. I came across https://www.rentometer.com and was wondering if any of you guys have heard and...
I am currently in the foreign service and a Marine reservist. I have my money diversified between my Thrift Savings Plan (maxing out), investments with my in-laws construction business overseas, an S&P 500 SPDR, a...