So my realtor approach me with this off market deal... $15k for 2 houses (same lot), but I was told it needs a new septic system — he said the owner has not gotten the septic pumped in 40 years!!! After hearing this, ...
I am buying my first rental properties very soon (4 rentals) and I am wondering on the communities opinions on whether or not I should form a LLC and hold the properties in that or if I should just hold them in my per...
Hi there,I've been looking for gap financing for a multifamily property for the past few weeks. Through the process I met a man named Bryan Chambers. He claims he has plenty of money to lend, but wants an originatio...
Greetings,Looking for thoughts on the following scenario. My first OOS duplex, owned for one year.Side by side, 1976, clean neighborhood, nice backyardsPurchase price: $200KTotal rent/month: $2000Mortgage: $1000 Rate...
Starting my journey in Real Estate, focused on buy and hold multi-unit properties in the CT and FL states.
New to RE investment. Focusing on syndicating 20 units or larger apartment buildings. Trying to build network of brokers with knowledge of off market apartments. Loopnet is a vast wasteland in this market (Montana / W...
I have a rental in a poor area that has only until recently been managed by a realtor who placed whomever they could find, in my rental. One tenant has not paid the rent since the first and has had her car taken awa...
I own a 4 bedroom house that rents for $995.00 a month and placed tenants Aug 1st of this year. The tenants did not pay rent on the 1st and I sent a text reminding them rent was due, fast forward to the 4th and I sent...
I'm in NC. Rent is due on the 1st. By law, we cannot charge a late fee until the 5th. I have some troublesome tenants who need to be dealt with accordingly and most of all swiftly.My question is, can I send them a lat...
I have a 2 part question on deed restrictions. Here is the language in the BOA/HAFA short sale addendum (paraphrased):
No transfers for 30 calendar days. No selling for a gross sales price greater than 120%...