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Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...
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I'm working on closing a single family home on 12 acres. Part of the property is zoned industrial/commercial, however, the part with the house is zoned residential/single family. The issue, an appraisal was just compl...
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I am processing a tenant application. 1/3 of the income is coming from alimony and child support. I have no idea what the likelihood of her continuing to receive this income regularly is. I am looking for ideas on...
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This is not related to rental property. I did not find any relevant section in which to ask this question. If a married couple owns a property together, do both spouses need to invite a guest? Is it enough if one spou...
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I found an amazing deal that I am looking for help to initiate. The Gist, 13 duplex properties; 26 2bd/1bth units currently fully occupied and renting at $700 per unit (which is low for the area, $750-$850 is more com...
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OK, so I've been through 4 property managers in the last 6+ years and I cannot say one good thing about any of them (OK, my first one was a really cool guy). Property neglect, missing rent, not leasing up vacancies q...
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Here is may latest deal and I am jazzed! As of last night, I have an accepted offer of $17,500. It is a duplex 3/1 both units, his asking price was $23,000. Currently rents for $400 per unit.
The current owner paid ...
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I am the owner, and I have a loan on this house, I have a Contract(s) with a Couple that we had setup through a Century 21 Real Estate agent, that did this as a favor to us to set up a Lease and Option to buy. The Con...
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Hi,Am a VR owner who is migrating into property management. Would be grateful if anyone has recommendations on software. My idea is to run a website providing owners access to a reservation calendar so they can see wh...
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We have a motivated seller who is willing to do a Subject To deal - amazing. The problem is that he wants 12K cash to settle a lien, placed by a bank, on a separate property that he lost to foreclosure. The seller wi...