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For those doing "Lonnie Deals," what are your thoughts on paying the lot rent for your buyers?
In other words, having an agreement with your buyers that says that they will pay you the total amount of your Note + L...
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I have a good tenant breaking his lease 4 months early on 5 days notice. He has cleaned up the apartment well and he believes he is entitled to his deposit. Is he right? Property is in NC. No backfill identified a...
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Here is the link: http://finance.yahoo.com/news/10-most-overvalued-undervalued-housing-131550950.htmlAlso from the article:The most overvalued market in the U.S. was Austin, Texas (overvalued by 19%), followed by Los ...
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So my wife and I went on a Disney Cruise last week. While on our trip we met a family from the Dayton OH area who, in addition to owning an HVAC business, owns 20 doors in that area. We are in the Charlotte NC area an...
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Hey everyone, hope I covered the majority of my situation up front...Have an opportunity to purchase a mobile home park in WV that isnt too rural. It has city water and sewer and tenants pay for own electric and cut o...
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Alright, so it's been another month and I would like to chat a bit about the portfolio I prepared back in the middle of March.
This was two months ago, I felt pretty strongly that the market had bottomed out or was v...
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Hi Everyone about to start my investing journey and here's where I stand: Bought a single family home for 189000 in 2016. (179500 @ 3.75%) - Worst house in a great Raleigh neighborhood. Currently appraised at 325 to 3...
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Preface: Our plan is to house hack and move in asap.We are in contract on our first rental property (4-plex). When we first looked at the place and made the offer 1 unit was vacant, a few days after verbal contract b...
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What's the best way to handle lease renewals?
I've been doing this landlord thing for 12 years now, but I'm just not happy with the way lease renewal time plays out.
FYI, My NC rental agreements are all month-to-mon...
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Hi BP,I've been analyzing deals just to get as much experience on finding a good deal. The problem is I'm putting properties into my excel spread sheet and my cap rate pro app and I can't seem to "make" any money if I...