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I purchased a multifamily property in March. I have a tenant that has not paid $1 since I purchased the building.
Minnesota is currently under an eviction moratorium.
Her lease expired today August 31st. The pro...
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I am trying to understand how this deal could be structured. Assumptions: new LLC being formed in Texas to buy a multifamily with recourse financing. Three people/entities, one of the three is a SDIRA LLC. Capit...
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The property I'm looking at is a "rehabbed" 5-plex. The owner bought it earlier this year for $290k but really didn't do much to it other than some minor maintenance and paint the exterior (ugly). There's room for ...
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Hi BP community, I have a quick question about permits and licensing. Me and my partner are looking for rundown properties in Jersey City to rehab and renovate. He is a contractor in NY but not licensed in NJ. I'm ...
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I'm looking for a rental investment, and found a 3 bedroom 1000 sf house for $30,000 in Indiana, currently rented at $600/month. Seller isn't willing to go any lower. I thought it was a good deal, but ordered an in...
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In Southern California, the rental properties that make most financial sense are often in some not-so-good neighborhoods.
I screen applicants by running a credit check, but I have never found anyone with a cl...
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Hello everyone,
I just wanted to know if there is a 1-stop-shop for all the contracts needed, from start to finish, to close a deal? I know there are different contracts for different kinds of deals (like sub...
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I am reading the BRRRR book, and I am struggling with a simple concept. How do you quantify a bad neighborhood? I feel like this is subjective, and wondering what site or metrics you use to grade a neighborhood.
For...
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Hi everyone,
I'm a new landlord trying to rent my place for the very first time. First listed about 1.5 weeks ago on 1/30. I'm advertised on Craigslist, Zillow (982 views), and Facebook Marketplace (85 views). Link t...
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Hi folks - I'm under contract on a property on the NJ shore. My other properties are in Philly, so this is my first time dealing with anything related to riparian rights and I'm feeling totally clueless. I'm wondering...