Hello!My husband and I are looking into a purchase of a commercial property where we can assume the current loan. We were provided the current owner’s promissory note. I am reading this differently than what the selle...
Is anybody in central Iowa charging back utilities to their tenants? Obviously, this would be when a multi family property does not have separate meters for everything. For example, in Des Moines, the water and sewage...
Investment Info:
Single-family residence buy & hold investment in La Mesa.
Purchase price: $555,000
Cash invested: $85,000
Purchased the home as a live-in fixer. We converted the 2-car garage i...
Hello everyone. Really Excited that i found this forum. I am a new investor with one SFR rental in Atlanta. I am newbie investor, so i am hungry to learn. :D
I know this is a controversial topic, but what are people's thoughts? If you inherited tenants with below-market rent, how much is acceptable to raise it if they want to stay? Are there any limits on price increases i...
Hello Everyone! There's a tax deal I'm prospecting that happens to be attached to a big bank through foreclosure, the property is in it's final year before the tax deed can be requested. The holder of the current tax ...
Hi BP, This is a situation that has just come up in one of my rental units. The tenants broke up and I am not sure if legally I need to redo the lease to just the tenant left or can i just leave the lease alone? The l...
As a property manager, I am well aware of the challenges that arise from dealing with non-paying holdover tenants. This is a complex situation that demands a sensitive approach, a thorough grasp of legalities, and a s...
I found a great deal with a unique situation and wanted to get your opinions and ideas on how to proceed.The owner is very elderly and states that she would like to sell her home, but she wants to live there until she...
I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...