I am repositioning an 8- Unit Apartment (Photos Here ) In my analysis i knew that the property was being under rented & with capital & aesthetic improvements i could drastically raise the rents. Rents are n...
My parents separated in 2012, my father was the one to initially leave. When he moved out, I lived with my mom in our family home, but eventually she moved in with her new partner. At the time she decided to move, she...
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
Greetings to all:
I have just received an e-mail from a tennant which I will paste below. We purchased a 4 unit building 3 weeks ago. 2 units unoccupied and 2 units occupied but no leases. Top floor tennant has lived...
Hi everyone,My wife and I have purchased a few performing notes and really like them, but are looking for something with more value add in the note space. We’ve been investigating second position mortgage notes but a...
I'm currently paying mortgage on a home and have decided to rent it out , the renters have been there are year and it is now time to resign the contract. The renters stated specific conditions for the renewal , one o...
Here's the situation: I bought a 16-unit complex in Fresno in May. It's in a bad neighborhood and I knew it would take a lot of work so I hired a property management company. Normally I manage my own properties, but I...
My father passed away in April of 2017. My 2 brothers and I were not interested in taking ownership of the home because even though he owned it outright in 2015 he ended up with another mortgage on the home when he pa...
Hi BP!My husband and I put an offer on a house this week that we absolutely loved. The sellers came back with a multiple counter offer with some terms that didn't sit well with us. What do you guys think of these term...
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Check where your city fits in. Still want to buy in Vegas, Phoenix or Miami? 15% decrease in Vegas next 12 months? 18% in Phoenix? Why do I like Texas>\? Ch...