Good afternoon from sunny Savannah Ga. I have a home owner in Pre-foreclosure. She owes 27k to BB&T and has a HELOC with an outstanding balance of 95k. 32K gets the mortgage and lawyer fees paid off (reason for th...
Should I have a penalty if the property manager doesn't fill vacancies? If so, how would it work? Should I withhold the management fee if a unit stays vacant for 2 months, etc?
I am new here so please let me know if I've left something important out.
I am looking at a 3 family in Framingham MA that is listed for 410K. First and second floors are in good shape and already rented at $1500 eac...
I'm definitely in need of some help/advice. Rookie investor with one rental property that was a "live in then rent" so haven't actually purchased a property solely as an investment yet. In all of my education over the...
I am buying my first apartment building this winter. Any tips on how to do due diligence? I've seen every unit now with a contractor. We went over the exterior and mechanicals too. Should I hire anyone special for ...
Hi,
I just went under contract on a 22 unit apartment building in CA. While I own numerous duplexes and SFRs, this will be my first true apartment building. In addition to inspecting roofs, HVAC, electrical, ...
I am making my first rental property investment on my own. After 8 months of searching and several almost deals, I found this FSBO as soon as it came on the market. Bank appraisal was higher than sale price. Home is...
Hi BP Community,I just got an accepted offer on a Duplex in a class C neighborhood. After accounting for vacancy, maintenance, capex, and property management I'm looking to cashflow around $415 per month with an 18% ...
Yes....these are completely real and were in the stimulus bill. I am not kidding. Here's the "Change" that was voted into office.
10. $1.7 million "for a honey bee factory" in W...
I bought a house at a really good price that has a fireplace in it. The fireplace has glass doors in front of it and there isn't any carpet close to it. I was wondering if there is anything special I should do. The la...