I own a NNN lease that I purchased 15 years ago. I have some residential real estate experience but nothing in commercials. The property is in a different state and I’m not familiar with the market in that area.
For ...
How profitable is the rental business? I've been looking over some threads here and see that percents are used a lot when dealing with duplex's/ plan on renting out a building. I'm not too certain on the percents an...
Hi BP Family -
A property I'm interested in purchasing as a short term rental has an unsolved easement on it due to the neighbor having built their driveway 2 feet over their property line - into the one I'm consider...
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
My tenant has been in since Nov 2018. Out of the 4 months, he has been 15 days late for 3 months. My lease states rent is due on the 1st. It is late as of the 5th and there is a $50 late fee as of the 5th. He consiste...
Hey there! Question about home appraisals and what to do when your selling price doesn’t match the buyers loan appraisalI’m selling a house I rehabbed. Did the deal and rehab all in cash. Had an offer within 24 hou...
My wife and I are teachers and over time have leveraged ourselves to several medium term rentals in the sweet spot between two hospitals. Nurses mostly. We've been self-managing for several years and have that dialed ...
So I had a local agent, a young one that has not seen a downturn in the market, reach out to me and ask me what I was looking for in a house. I have been approved by my mortgage person for up to a certain amount, and ...
Good evening BP. I have a few questions that I'd like to bounce off of the community regarding a couple properties that I have under contract. 1) Do I have to honor the full terms of the lease or am I able to move ...
Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...