I just left my closing and now I own an occupied three unit apartment building. The building is in good repair. I have only met one of the tenants. I plan on self managing. What are some of the most important first st...
I plan to enter into a deal using my Roth IRA funds which are invested in an LLC with checkbook control. I have about $67k available. Including some cushion for contingencies the deal will probably require about $72k....
Hey everyone,Would love to get some insight/guidance regarding a current issue.I chose to not renew a contract with one of my property managers and notified him in late March, with the contract effectively ending at t...
I am going to buy my first buy and hold property. I am going to buy in Memphis. I have already looked up comps and have done a cash flow analysis on the property and everything to this point looks good. The property i...
Hello,
Does anyone have a template for a contract between a private lender and a real estate investor? Something that settles agreed upon lending rates, payment schedule and default follow up options.
Any thoughts wou...
Hello BP,
Looking to close on a 2 family in JC this month. We are going to be owner-occupied this property. Wondering how you guys look for tenants? Any recommended agents or PM who can rent out my other unit?
Tha...
A man and woman (couple) unmarried signed lease. Two weeks later the woman called and wants the man off of the lease. No violence. She keeps calling and wants him off the lease, since they are not going to be togeth...
Hey Everyone,
I am new to game and looking to purchase my first house this year. My question pertains to the closing costs associated in New York, specifically NYC.
I've been speaking with a few lenders...
I was working as a bird dog for an investor who was quite dishonest, but that's another story for another day...While I was calling sellers for him, I connected with an out of state investor who is wanting to buy 4 pl...
Got this email today. What do you guys think? We are getting ready to close on a short sale of our house. Four months ago we started renting a house for $1,100 from a private landlord that scammed us out of so much mo...