Our tenants have an 18 month lease agreement that won't end for another 7 months. They want out early, not for any significant reason. Basically they realized they wanted to live closer to where they work (a job they ...
I am trying to figure out the best strategy to sell this house.
We got the house under contract for $15k w/ $1k down with the balance financed @ 6% (P&I $155.43) Payments amortized over 10 years w/ a 5 ...
Hi all,
I am fairly new to wholesaling. I have been teaching myself the basics for a year now through pod casts, internet research and the occasional REIA meeting. I have done direct mail campaigns, and signs...
Team BP,
I acquired a property via foreclosure auction with cash in the name of my LLC. For a variety of reasons, not the least of which is access to financing, I have decided to move the property back into m...
I was reading a book by Matthew Chen that was written around the 2008 time frame. The book is on Lease Options and he mentioned that when buyers were buying to exercise their option on a property, if they had lived t...
Hi everyone at BP!
I have been reading many hours of forums and have learned a lot about residential income real estate. Thank you all!
I have 5 units with leases beginning shortly after purchase (Lease...
Hello BP,
I just rented this house and the tenant is presenting this situation which it is just starting to develop (wasn't it suppose to be ALL passive income once rented?)....
In our contract we speci...
I have an Aunt who knows I am starting out as an investor and asked me if I could get a specific house she wanted. I wanted to know if this was feasible. I thought (im im just thinking at this stage) that maybe I ...
I would like to find a deal in a good area and put no money down, what do terms generally look like for this kind of deal? I would like to purchase a leasing option.Do hard money lenders invest in this kind of deal?
Hello,I have a 2 bedroom in which the tenants just moved out. They were 2 unrelated friends.Just wondering the best way to handle the deposit refund? One tenant has provided a forwarding address, the other has not res...