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Hello BP friends,So, I found a good deal and I am about to purchase a property with a tenant in place. I am concerned with the lease that is in place. I haven't seen it yet. The house looks good and the tenant seems t...
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I'm a 19 year old with no debt, just starting my real estate brokers license course this week. I was thinking of using $6,000 as a 3.5% down payment on a triplex or quadplex and holding the remaining $2,000 for reserv...
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Hi,My wife and I just started looking for our first house around Chattanooga, and we came across this fixer-upper:http://www.zillow.com/homedetails/6680-Hickory-Tra...She wants a big house, and above all else I'd like...
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So, I've been watching the battle in SF a little bit in regards to airbnb and reading the comments on how much tenants hate when neighboring apartments use it to have a constant flow of unknown people coming and go...
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I have always used Zillow's tenant screening application process to screen tenants in the past, and it's worked out for me so far. I am currently considering an applicant that looks kind of fishy, but I wonder if I'm...
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I have several open units in lower-income areas. There is a good deal of interest in these units. I've passed out several applications and even collected application fees, but it seems that the email exchange proce...
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Hi! Would love some opinions. A tenant wants a pool heater. It costs maybe $5,000. I think it adds value to the property so I’m open to doing it but would you ask the tenant to split the cost?
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Here is what I am working with, the owner who lives in a different state owns this condo free and clear but owes about 4000-5000 in back HOA fees.
The condo needs about 1500 - $2000 in work. He says as soon as the b...
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Greetings to BP,I am planning on buying a four-plex in the next 6-9 months, living in one unit and renting the others out to start down the road towards financial independence. I haven't started actively hunting for d...
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We are looking to purchase a duplex from an absentee owner who acquired the place 13 years ago for $175,000. He is willing to sell it now for $250,000, but he has a $150,000 mortgage on the place. We almost lost the d...