Christie O'Malley
Apartment purchase rent increase
Hi all,
We are purchasing our first "apartment complex". It consists of 3 duplexes, 1 triplex and 2 commercial units. Before closing, I would like to have a general idea of how to appropriately go about increasing r...
Roy Rowlett
Presenting a lower offer for a "bank approved price" Short Sale.
I am looking at a short sale that the bank has approved a price on of $180,000, which is the listing price. There had been a contract on it which fell through because the buyer's situation changed and he could not cl...
Courtney Duong
Advice on Purchasing QuickBooks Desktop Pro Without Subscription Renewal
I'm in need of some advice on purchasing QuickBooks Desktop Pro. I'm looking for a version that I can buy outright and continue using without the need for annual subscription renewals. I’ve heard that newer versions o...
Account Closed
Valid and Legal Reasons to Evict a Tenant
I hear all the time about evicting tenants for non-payment of rent. I even (unfortunately) had to do it myself once. But has anyone reading this ever successfully evicted a tenant for a reason other than non-payment...
Michael Cohen
Renewing lease in NJ. (Raising rent, charging security)
1) Is there any rent control in Long Branch, NJ? if so, is charging just enough to cover the mortgage and condo maintenance (HOA, Sewer) justified?2) Is there any formal addendum template for a lease renewal?3) If a t...
Zachary Johnson
Single Family Residence
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,500
Cash invested: $5,000
Minutes away from the University, 4 bed 1.5 bath, with a good clean out and some TLC...
Gary Garcia
What is the best way to sell a 1,100 unit portfolio?
I have heard hedge funds but I don't know where to go or how much they pay. I have one year to try to sell all of these properties.
Jerome Nunez
Supply / Demand Concerns - Greater Providence Area
BP, I’m trying to understand the Providence, RI market, specifically focusing on the supply and demand drivers of the multifamily market. Do folks have any insights on new multifamily supply (location, # of units) as ...
Travis Kemper
Investing in Caribbean
Hey all,Does anyone invest in the Caribbean? With prices so high here locally we are struggling to justify the next purchase. We have some substantial equity and some of the Caribbean islands, specifically Bonaire a...
Vu Nghiem
Legal question on structuring a deal
Hi all,
I'm a novice investor that have done a few live flips deals on my own. I have a group of friends that is willing to commit about 300K of capital for me to BRRRR with.
How should I structure the entity so th...