My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...
I am looking to do another bulk buy and wanted to document my experiences here. I already have a commercial lender in place who did our previous loan. The challenge is that I am looking to buy 6 - 10 properties that...
Well, it was bound to happen, has been a few years, but we have the classic case of the tenant from hell in one of our units.
Couple and child, dog and cat, in a good all tile, recently renovated unit.
Problems bega...
Was on here years back but was not in the right position at the moment and still not sure if I'm in the right position to do this. Here is my situation.. Paid off house, 3 cars, credit scores in mid 800s, and a litt...
Hi guys,I'm not sure how many of you guys have gone thru a flea infestation but it's NASTY! One of my renter's lease was ending, 3 years never missed a payment, 3 young adults, one of the people leaving the house had ...
Hello All,This is my first post on BP. I own a condo in Chicago that I rent out. My tenant started renting May 1 of this year and within a month, heck 10 days, there have been a few things come up. I'm new to this ...
We recently closed on a 6-plex and are living in one of the units. We acquired 5 tenants. I was given 30 day notice by a tenant who is on a month to month lease the other day via text message. I called the tenant an...
I missed my opportunity for reinvestment of funds using 1031X (couldn't find a suitable property) and now I'm facing a $60k hit for the sale. I'm in Oregon so the tax bill will be too much to stomach.Any other options...
Good evening BP community! Been several years since I was last active - been focused on my family and day job. Just wanted to re-Introduce myself and seek some guidance/info from the community. I’m an engineer by day ...
This is for anyone who does cold calling campaigns to acquire real estate deals. Has anyone ever looked into investing in "interactive voice response " to pick up your calls when your team are not on shift? For examp...