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I have a 6 unit multifamily property under contract and the owner is unable to provide me with existing lease agreements. I did manage to speak to some of the tenants and some have been there over 20 years. The rents...
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Good Evening,
My wife and I just purchased our first home that was built in 1973 with a 6' addition to the front of the house put on more recently. They used a thicker rebar in the addition so the floor has a slope to...
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Hello BP'ers,I had someone call me regarding a 4 unit that he's interested in selling, but is concerned about taxes and recapture costs. Property was purchased in 1989 for 165k, current market value around 270k. Owner...
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Hi EverybodyJust joined BP a couple of weeks ago and I am so excited to be a part of the family.I am originally from Long Island and moved to North Jersey about a year ago. I have always wanted to be involved in real...
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I am a pretty new investor, with two buy and hold single family properties.I have a question about pets...we do allow pets, and we have a $500 pet deposit, $250 of which is non-refundable.I have a fantastic tenant (ex...
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Have been doing research and I know actual rent here is higher than the average data that is showing. Have a 5 bedroom house, plus huge bonus room that can be 6th bedroom, with 4 car garage and 3000 sq ft home. We jus...
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For the past 3 years I'll be living in my decreased grandparents house paying the mortgage. This past May, I became the personal rep of their estate which allow me to put the deed in my name. There's $46K still owned ...
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The property is a triplex in the Southside neighborhood of Birmingham AL (B- area, primarily student renters, walking distance to UAB, the local university). The deal is not a home-run but seems solid. The prop...
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So I've never purchased a rental, and never really planned on it, but I found a home for 500 dollars. Zillow says its worth 80K, and rentslicer says it will rent for $750/mon. Its 1700 sq. ft., and I have a call in fo...
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Since the auction I was hoping to bid on hasn't even come online yet and my wife is breathing down my neck to get her a house...I made a cash offer on a REO mid week last week. Just a few curiosity questions.
1) How...