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Unique situation I've never read about. I have an opportunity to pick up a new SFR at about $100K below new market value. I would take the property, and would rent it back to who I'm getting it from for fair market re...
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Hi guys, sorry if I am asking a silly question. Its my first time I inherited tenants with a purchase so I am a bit lost...All my other rentals Ive bought with no tenants...Anyway, 1) if I send the tenants my rules an...
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Hey all,I would classify myself as a buy and hold investor, of Single Family Homes. The lease is expiring soon on one of my properties. FMV for it is about $120k. I owe about $45k on it. Rent is $1550/month. It cash f...
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How would you handle this situation?
I'm Pretty excited right now! I just cold called a seller for the first time who, as it turns out, is a 95 year old D-Day Paratrooper veteran who's recovering from a stroke. I ...
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If a lender said this explain to me what it means please....."If i can know the value of the land i have a partner that will advance 50% of the amount and let us leverage equity as an advance which is what you use to ...
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Hi,looking to rent out a room in my home, and would like to know if I should list the shared common area furniture & appliances in the lease agreement? The rented room itself is not furnished, but other areas of t...
The original tenants in our out of state rental property signed as co-tenants, both names are on the original lease. After a few years, one of the tenant has decided to move out and the other tenant will be remaining....
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Hey BP Community! Thanks in advance for reading and any comments/opinions.
I see an opportunity for a deal but am pretty confident that it does not make sense. In general, I am looking to buy and hold and rent out pr...
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I have a rental in the state of Georgia with 3 unrelated individuals on the lease collectively as "tenant". They pay sec. deposit and rent as a single payment. At the time of the lease renewal decision, 1 out of the 3...
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Greetings, Biggerpockets! Here's my first post.I'm looking to purchase a 4 unit multifamily with an FHA loan where I'll occupy one of the units.1) Can I include the projected rental income from the other three units (...