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Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
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I was recently going through a list of pre foreclosures and have found several that are in one particular HOA, after further research I found that this particular HOA's fees are pretty high ($500 a month) and I am gue...
I recently changed property management companies and they want to move forward with evicting a tenant who has not made their sewer and trash payments. The tenant owes $180 for these missed payments but the cost of ...
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Hello,I have a tenant who is consistently late on rent payments, but usually pays before the 5 day grace period expires (after one or more reminders from me). This month, she has yet to pay the rent. After multiple re...
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Hi BPers,I'm starting to analyze multifamily properties and have developed a spreadsheet to help me quickly analyze deals. I would appreciate any feedback you have on the spreadsheet and areas where you think I have o...
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Jumping right in, I was told today that I would have to cough up $349,000 DN for a $1,000,000+ 4 plex. 25% would have been $287,500, which would have been easy.So now I'm considering breaking my IRA, cleaning out my...
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I started in real estate investing as tender-hearted as they come. From the start, I hoped to use rental property investing as an outreach to help people who hadn't had the same opportunities I had been blessed with....
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Hello, I received a lead from an investor friend for a condo. Here is the situation: the original owner did a lease option to a college student with a 30 year mortgage. Original owner owns the condo free and clear. Th...
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I hear conflicting information on rather you should wait until you get a few deals under your belt before making your business an LLC and getting it as soon as you decide to get in real estate investing. What did you...
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So as I was reading the forums where hard money lenders were being researched, a thought struck me. I am a high earner and have maybe $150k extra cash per year to invest. If I were to use that cash to invest in buying...