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I just purchased a triplex in Chelsea (East Boston area). My plan now is to slowly update the units and improve the quality of the tenant base. 2 of the units are occupied, I'll be updating kitchen and bathroom in the...
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HI all,I have a tenant (Texas) with an upcoming lease expiring and wondered if I can raise the late fee while going month to month? Does this require a new written lease or just a written notice regarding a late fee i...
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We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease. The rents are good in this area, and it should cash flow well. I will be managing the property ...
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The past year I have worked with one investor who bank rolled the entire operation and we split the profit. After two homes we decided to create a company and partner 50/50 on everything. We have 100,000 in cash. We a...
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Help me with my first purchase. This is where I feel comfortable is purchasing a condo on the beach as an investment and something to enjoy. Let me know what you think I should do. It has been on the market for 6 w...
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Hello BP Family,I need some financing insight on my current situation. I am an active duty military (already have a primary residence) and a junior REI who is looking for his first deal. Along the way I found 1 good d...
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Hey all,
I am a 24-year-old who just started in sales after graduating from college and have had a lot of success early on in my new career. However, I know that I do not want all my income to be reliant on my day jo...
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I am trying to finance my repair and renovation for a duplex investment of 2500 sq ft property that I recently purchased. This property is in California in the LA area. The repair for foundation and earthquake retrofi...
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Question: Would you rent to someone who gave you a false contact for their current Landlord?Background (Story): Potential Tenant looks at place, Likes it, fills out application, and wants to move right in. I call the ...
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Hello Friends!
One of our goals right now is to increase our liquidity so that we can take advantage of any opportunities that arise in this changing market, especially in the case that traditional financing becomes ...