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Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
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Hello all, so I have some questions as a future Landlord that I am just trying to figure out.1) I am interested in a property that is a Short Sale and Utilities are currently turned off. If I do end up buying the prop...
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Is there anyone out there who has used credit cards to fund the purchase of a rental property? I am planning to use my cards as a tool to aquire property and then get a cash out refi as soon as possible to pay off tho...
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In working with investors in a tourism-based market, vacation rentals are a constant discussion. Not only because other people are interested but because I am shifting my personal portfolio to focusing on them as wel...
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STR in the Mount Snow VT area, I just started this fall, it is a family owned house. We are entering the peak rental season and so far I only have 2 bookings. If I can't increase the bookings enough to cover the expen...
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Fellow BPer's,
I am curious how long it takes everyone to get a lease signed from the day a unit is purchased to the day the lease is signed? I am just starting out in Raleigh NC and trying to figure out what an app...
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So, I’m hanging out at my duplex waiting for another prospective tenant that isn’t showing up for their appointment.
I prescreen, which cuts down drastically on no shows and people that do not meet the rental criter...
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Hello BP!Continuing my trend of posting on topics that I'm currently learning about; I've been looking for a new property management company (PMC). My current one, while competent at placing tenants, is not very comm...
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I'm curious how others would handle this situation.Two renters with multiple children were arrested for abusing a child. The child died a few days later and they are both facing murder charges and will never come back...
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Looking for feedback on my next potential project. In my area (New Orleans), property lots are narrow, and the neighborhoods were established before cars in most cases. In the area that I am looking, the lots are 3...