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I stole this one from my neighbor who has 7 sfhs as rentals. He includes in his leases a clause that says with 2 weeks notice he can enter property to assess for condition and damage. If all is well in unit, he leaves...
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I am in the process of refinancing several rental properties and should have several hundred thousand dollars of cash in hand when this process completes. I have been looking for properties that I can purchase and ad...
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I saw on the Oregonian that Portland is now mandating landlords to pay relocating fees if we raise rent from now until 3/31/2021 and tenants can not afford the new rental rate. Tenants must provide a written statemen...
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After a couple of bad renters I've finally decided to sell the first house I bought. It doesn't fit my investment strategy and was not originally purchased with the intent to rent it. That being said, I'm a littl...
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Hello fellow Biggerpockets members,
I am a new RE Investor and I have been sending out yellow letter to absentee owners with barely any calls and for the few that does.. It has been duds. I know its a number ...
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A REO is on the MLS in my area for $70,000. It needs about $50,000 in work and will have an ARV of $185,000. The house encroaches on the vacant lot owned by somebody else next door. This is public information availab...
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Hello,
I'm a new investor who is targeting absentee owners for wholesaling. When I receive a phone call, and I begin to qualify them, one of the questions I ask is "is there a mortgage on the house?" The response u...
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Update 4; 2.23.14
Good afternoon everyone, this is my 4th update and my report for Weeks 3 and 4 (Feb.9-Feb.23) in my 2nd yellow letter campaign in attempt to wholesale pre foreclosed SFR's in San Diego, Cali...
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Both my Private Lender and I need help with how to structure the repair costs at closing. I have used this Private Lender before but the loan did not cover the rehab costs for the previous deals, those costs were ...
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Would it be considered unethical to advertise a property for sale that I have under contract but have not actually closed on yet.
And if someone actually calls about it what should I tell them.