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Looking at a commercial asset that has an existing CMBS loan with very attractive terms. The loan is very new actually. I wanted to know, if we were to purchase the property, how would the CMBS lender underwrite us. O...
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I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
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Hi BP world!I'm closing on my first duplex sometime in September. It belonged to my spouses aunt who passed away recently. The building was up for grabs and we decided we would purchase it as our first multi family pr...
Hey just curious as to what your typical day involves as a wholesaler? I am looking for the ones who typically do 1-2 deals a month either part time or full time...
Are you guys writing letters every day or sending ...
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I have a buyer who has agreed to buy a home for $140K (knowing that I am going to collect $10K). I have a home which the seller will sell to me for $130K. The home will appraise for $160K and the buyers will need to...
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A building recently bought has a section 8 tenant.The girls boyfriend apparently is staying there and is not on the lease and another tenant has said there are dogs there.
We are in a transition phase of taking the a...
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So this is a pretty odd situation however it may have happened to someone else in the past. I JUST filled a tenant in my Duplex and the very first night they stayed there, there was already an upset with the neighb...
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Hello, I am a college student who has saved up money and is looking to invest in rental properties. I have done a ton of research and just want to jump in so I can learn from experience. However, I only have this mone...
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Currently have a deal falling apart because of low appraisals and was wondering what other's thought. Have 2 duplexes under contract in Rochester NY for 60k each. They are fully rented and make the 2% rule. But.. I...
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Yesterday, I was trying to replace a very old 3 prong outlet near the vanity in my bathroom. For some reason, the Green Ground wire came all the way unattached from the inside of the wall. It appears to have so...