Michael Healy
Closing on first Multi in a few weeks
Hi all,
So I'm closing on my first multifamily in a month. It's a big divided Victorian house in a lovely residential neighborhood in Massachusetts. There are six units with tenants all in place either on lease or ...
Dan Farkas
Hello from West Michigan -Grand Rapids, Mi
Hello everyone! My name is Dan and I am a full time Real Estate Broker in West Michigan. I have been practicing the representation of the Buying and Selling public since 2004 when I earned my license. I represent anyw...
Mitch Kronowit
Pooling investors money for a cash purchase.
There was a topic on this about 2 years ago, but I wanted to update it with my own information. Plus, I think it's a very useful and relevant discussion for other investors out there, considering especially the curren...
Simon L.
Red Flags or no type scenarios
A tenant is very close to signing a lease and has confirmed a date to come in and we told them that all people that will living in apartment must be present and to bring all documentations and have them ready. they pr...
Andy M.
Subject to insurance question
I've been doing sub to deals for a while but I have never run into this problem quite like this before. The first mortgage lender (Ocwen) is asking for evidence of insurance and my agent supplied it but the borrowers ...
Paul Tibok
My first rental. Tenants are not leaving after lease, please help
Hello BP, new landlord here. I need advice. My property is in Fl. I bought my property in August and took over the lease for the previous owner. My tenants lease is up Jan 31. They told me they were leaving last m...
Conner Franklin
Buying Small Multifamily While In College
Hello BP, I am a college student that is about to start my junior year of college and I am just now moving off to a college town (Auburn, AL woot woot) this year. My first two years of college were spent at the local ...
Thomas Shaw
Help with 9plex deal analysis
Hello,I recently found a property that is a 9 plex. It's 5 1 br/1ba units, and 4 2br/1ba units.From my best research the 1 brs will bring in around 550-600 and the 2 brs will bring in around 750-800 for a total of aro...
Account Closed
Katy Meetup - thoughts?
Hello fellow real estate investors. I live in West Houston (Katy), and was searching for a BP meetup in near that area. I didn't see anything specifically for us Katy residents. Would any of you be interested in m...
Jeremy Basiger
Acting on behalf of my investor
I have found a REO property that I am looking at purchasing. I have an investor lined up and we both agree that making an offer is the next move. I have approached a real estate agent to submit our contingent offer on...