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The lease states tenant is required to pay rent in one payment. Made one small payment ($400), ignored email stating that partial payments are not allowed per lease and to please cancel the payment (Cozy doesn’t give ...
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When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
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Hello BP Ninjas,
I'm looking at a 10plex renting for 500 per unit fully occupied (zip 36303 AL). Seller wants 500k with 10% down on owner financing. Term will be 30 year but balloons at 3 years if I dont fi...
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Hi fellow BP members! This is my first posted question, so please bear with me!My dad and I recently used our SD Roth IRA's for the first time to purchase an investment property in SC that we plan to flip. The propert...
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Hello BP!
I am working on building my specific criteria for what type of multi-family deals I want to focus on. I am looking for feedback on what number of units is realistic for a first time multi-family purchase. ...
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Hey, I’m considering buying a specific property that is being run currently as an STR. The Airbnb and VRBO listings have dozens of 5-star reviews and very high ratings. As part of my offer, I requested that they trans...
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Hello everyone! This is my first post here, and I was guided here by The Book on Rental Property Investing which was given to me by a friend. I am a 24 year old college student and am trying to work towards a future o...
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I am a small landlord in upstate NY with 5 rentals. I was in the process of evicting a tenant in March when COVID happened. This tenant has not paid rent since December 2019! in three days it will be 13 months that I ...
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Hello, total newbie here so please forgive me if I have some dumb questions.My wife and I are finally ready to Jo into investing. We are debating whether to get into long-term multifamily rentals in the future, and do...
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Hello! I had an acquaintance with a real estate investor not long ago. He self-manages several properties, but also has a full time job which keeps him on the road quite a bit. He said that he purchases a home warrant...