Hi Guys, I searched BP for tax prep help, didn't find any tax prep helps for a sandwitch lease option.Bought on a lease and option. Zero option fee, lease is the sellers mortgage payment: $798/mo. I pay for fix ups...
Hello all! I'm new to the community as well as commercial real estate. I like the community a lot and appreciate how giving you all are with your knowledge. This is probably my new favorite forum! Please forgive my ig...
I recently purchased, rehab, refinanced, leased a SFR. The following is how the numbers look.Loan of 130K & Appraisal by lender during loan of 174KI do have around 20K of my money invested in this deal.I got that ...
We got about a 1.5 acre of land adjacent to a hotel. Looking to lease it to a business. The road it sits on has about daily traffic about 30,000, so it has very good exposure. Looking for either a leasing agent or som...
I have seen residential landlords with month-to-month leases that specify tenants cannot terminate their leases during specific months of the year (i.e. November - January) as to avoid vacancy and headaches during p...
I just purchased my first property and am going to have tenants living with me for my first year or so. I want to make sure I have all my legal ducks lined up when it's time for them to move in. I have a few questions...
Hello BP - I am about to purchase my first rental property after a long while of being in the business. There is a tenant in place that is a friend of the seller so it is month to month, no deposit and they pay about...
I am curious if anyone has experience as a landlord to a gym. How did you calculate rent? Also, if anyone has been involved in converting car dealerships to something else what were some of your issues?
I have been in a partnership with my father-in-law for about 15 years wherein we bought land on a major interstate frontage road and developed & built commercial office warehouse buildings (we still have 10 of the...
I have had a fair few challenges over the last 12 months.I have had 5 tenants move out/not renew their lease, very unusual, this is in the Atlanta market. These are large 2500 sq ft homes and the rehabs on average com...