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Hey, I was reading on different real estate strategies, purchasing styles and found a similarity between lease options and owner financing. Now to summarize, correct me if I'm wrong, but generally lease options are us...
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I am looking at a multi-family property in Lockport, IL. It is a 4 unit (three- 1b/1b & one studio). They pay their own electric and water is well (unincorporated area). Heating would be paid for by myself. The la...
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Starting to work on a 4 unit property, set up as two duplexes; two units to the left, 1st and second floor and the same to the right. Each unit has its own entrance/exit in addition to the common egress. This has pot...
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Stats on the property. 6 units in the hot Denver Colorado Market. Purchase price $515,000. I added $15,000 onto the price to pay myself a commission. I dropped the ball on financing and didn't start rounding up money ...
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I'm about to have ~100k in HELOC funds (thanks PenFed!). I'm wanting to put in cash offers on 2-4 plexes, get great deals, then turn around and do delayed financing to get all or most of my money back. Financing 100...
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Hello,
Currently interested in a house in tampa that has an ADU in the back. The front is a 2/1 the back being a 1/1. There is no separated water/electric meter, I'm going to have to calculate it into potential ren...
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Hello, I have some questions about the process for having the property rented out, so here we go:1. How do you make sure they pay the water bill? I already plan to have it included in the lease and agreed upon but doe...
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Hi! For Triple Net Leases, how are the net charges generally handled/administered? Does the landlord send an invoice monthly/quarterly/yearly for the actual tax/insurance/maint costs to the tenant to pay up, or does...
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Hi Biggerpocketters,
I am currently reading Brandon Turner's book 📚 and I have noticed that he kept saying when it comes to expenses that need to be paid each month, he would include utilities.
Aren't utilities paid...
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I purchased my first rental property at the end of December. It was a foreclosure and I purchased it from the bank with cash. At the closing I received a credit for the sanitation bill. Now 2 months later I receive...