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I acquired a single-family home in the Bronx, NY. The current tenant and former landlord do not have a lease or official amount for payment. To give some back story, the tenant was a family member of the former owner....
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My husband and I are closing on a duplex in Everett, WA later this month and are inheriting tenants. With COVID, how is everyone introducing themselves to tenants? Set a meeting in person or just a letter or email? I...
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I've hired a contractor to renovate my upstairs unit which is the second and third floor. I've already paid the bulk of his costs which was approximately $114k with just $3k remaining on the balance once all work has...
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Hey Guys, We closed on a quadplex in Destin Fl today, super excited. It is in CBN area and about a block from the beach. We used my Va loan at a purchase price of 1,000,000 at an interest rate of 2.3. This deal has be...
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Is there a website or source to look up vacancy rates and other stats for STRs in different areas of a city? Something that would be like look up comps for home sales or rentals. Thanks for any input you can offer!
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I didn’t like the stock market volatility, so I decided to leverage my 401k proceeds to set up a Self Directed IRA to invest in Real Estate rentals.I have $650k available and looking in the DFW, Jacksonville, Albuquer...
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Hello all!I have a single-family house that I'm about to put on the market again. Because of the current uncertainties, I think I want to rent it on a month-to-month basis.How do I do that from the start of the occup...
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Hi Everyone,
I own an investment property that I am considering selling for around 200K (bought it for 150 4 years ago)
In the next 6 months I plan to also buy a primary residence first and after that two addition...
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Hi BP! I am just getting into the RE investment market and came across a great deal. I currently own my home with good equity (around 500k equity and single mortgage). I have two LLCs, one operating as an SCorp (an ...
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My wife and I own a quad plex in Jacksonville, Fl. All four units are currently under HUD (Section 8). One of the tenants, assistance from HUD, was terminated effective, February 28th, this year. We have been unable t...