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Hi allI'm new to the real estate investment and I had my first rental closed with tenants moved in November 1st (in north Dallas).Three days after move in I received a call at 5 am from the tenant saying the bathroom ...
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I just closed on 24 units in Illinois. I found out at the closing table that the Seller was passing to me a completely unfair laundry lease with Jetz. 10-year auto renewals if I don't provide 365 days' notice to can...
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I’ve been doing private lending for a while for fix and flips. I’m not sure the insurance requirements that I’m requesting from borrowers are appropriate. These are the rough numbers of a deal I’m currently underwri...
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So I have an accepted offer on what will be my third rental property. But this is the first I've purchased with the explicit plan to keep as a rental.
Background: The first rental was purchased back in 2006 a...
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I have read a few highly rated books on midterm rentals with chapters covering the lease. However, I have not found a site to download a lease that is state specific for just this purpose. I assume it would need to ...
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I've been inspired!! Saw someone's 90 day challenge and I've had a note on my dry erase board for the last 3 months when I created my goals for the year of accumulating $1,000,000 worth of property in 2014. At th...
Here are the details:
4plex
Currently no tenants
Foreclosed
Asking $99,800
Offering $100,121.00
Potential Rent $400/unit
Closing Costs incl Downpayment $30,450.98
Loan Amount $75,090.75
APR 5....
Newbie investor here, apologize in advance for the long post.
I have a house rented for $2k/month for 3 years. It is a 3/2. We are currently in the third year of rent. I have not increased their rent (although I shou...
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Hi. I'm trying to compare some of the private deals mentioned here with public REITs.
Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...
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Hi everyone. Looking for some guidance on scaling our portfolio. We currently own 8 multi families combined in Dayton, OH and Rochester, NY. I was laid off in December and would like to start investing full time (beca...