Im curious, are most 2-4plexes sold fully leased or not leased at all? Is it a mixed bag? Is REO generally sold with tennants? I cant imagine the bank likes landlording but Im not sure if they can break leases and ...
Does anyone have experience doing an windshield survey on a commercial property?
How do you do one?
Lets use a small retail center 2-6 tenants (vacant) in Rowlett,Texas (suburb of Dallas) as an example.
I’m FINALLY getting in the game. Closing my first house this week. I had initially wanted to get a duplex but I just couldn’t find any that would work for me so I went for SFH. Best part is I’ll have enough cash to re...
I just bought a house in a neighborhood where most of the houses were built in the late 1920's to early 1930's. We've gotten all of the mechanicals up and running (finally - took nearly 3 weeks just to get an electri...
I served a tenant with a 3 day pay or quit notification and a 20 day quit notification today. He met up with me to pay his overdue rent ($1295). He delivered it in a plastic bag in mostly $1 bills. Frustrated I counte...
I found a gem I believe in Gary and I'll be closing on it this week. 30 min from my business in Chicago. 1,000sf home on a 1950sf plot.3 bed 2 bath wit not 1 but (2) Two car Garages along with wide side driveway. Mayb...
I'm looking to hone in on a market for my first out-of-state property and wanted to get your opinion - what are the pros/cons of building a portfolio of properties in the same market vs diversifying by purchasing prop...
I have a tenant that we believe is hiding a dog. They gave the visiting dog excuse. We have a coach that operates several properties in California and they suggested that IF we allow them to stay, its month to mont...
I'm trying to develop my search criteria for a small multi-family unit, say a 4-plex. I wanted to get some opinions on whether I understand the 10,000 foot view or not. I have selected a couple of nice neighborhoods i...
Working on some direct mail pieces for absentee landlords - what were the hardest lessons you learned as a landlord - the kinds of things that -almost- made you throw in the towel.
For me, it was listening to late re...