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So I just had a deal fall apart over Ernest Money (EM) and Reps and Warranties (R&W).
As a Canadian looking to invest for the first time in the US, I can't help but wonder if the standard practices are that diffe...
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Hey BP Fam! I hope that everyone's 2024 is off to an outstanding start!I was fortunate enough to get a property under contract at a great price from mentors of mine. They had suggested using a trust to hold the asset ...
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Most of us charge fees/penalties in our leases. The normal late fees, application fees etc. Can you mention what other fees have worked well for you please?Some ideas to start the conversation.We email our tenants all...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $621,000
Cash invested: $100,000
We have acquired 17 homes over the past year paying for them in cash. We recently...
What is the best way for an out of state owner to manage a 100 unit apartment building?
I have a property management company I trust.
Will I also need to hire on-site staff?
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I have asked @Chris Seveney a little about this topic but I'm curious what approach other note investors take (and I'd love to learn more from Chris as well). Do you register your business as a foreign entity in any/a...
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first - the title is wrong: there's 12 doors, 8 buildings.next - i've run the numbers at current rent roll and estimated repairs plus cushion (because, really, how often does a rehab exactly match estimate at purchase...
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I recently analyzed a property that had a 6.5 cap rate and when i did my calculations the property was being sold for 400,000 less than the predicted value. The property says its going through renovations but would th...
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QUICK REVIEW OF HOW THINGS STOOD AS OF LAST WEEK. Covering the Economy, Multifamily Real Estate, Rent Collections, Employment, Interest Rates & Stocks.ECONOMY:Staggering Rise in Unemployment
The official unempl...
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My goal is to start with a duplex and have it financed through an FHA loan. Having money saved for the down payment is obviously a first step. But what do you recommend I have saved in addition to that? What list of f...