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Hi, I am in the middle of negotiations with a pretty motivated seller who is looking to sell me her duplex, but can’t seem to figure out the best win-win scenario for this one. The situation: The seller is pretty moti...
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Hello all!I have a SFR that I first rented out nearly two years ago. The same tenants have been there the whole time, and their lease renewal is coming up. They already told me they want to renew; we just need to si...
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What is a typical split in a partnership deal where one party found the deal, another (me) will fund around 90% of the acquisition and rehab, and a GC is being hired to do the most of the rehab work?My deal finding pa...
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To date I have been very passive in charging and collecting fees other than the normal late charges, etc.. However after doing some reading and realizing that having some of these fees help curb tenant behaviour, I w...
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Hey BP, just a acquired a occupied triplex in Gainesville fl a month ago, hired a property management company, and they said they couldnt take on clients whose tenants have pitbulls (even mixed breeds, that have part-...
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Hi All,This is my first post ever on BP, please bare with me as I break down the subject.My parents have a home that they would like to sell to me. I have a home of my own and am currently paying the mortgage off of t...
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Investment Info:
Single-family residence buy & hold investment in Tucson.
Purchase price: $162,500
Cash invested: $1,000
3/2, 1295 SF, $125 / sf, rent ready. Ceramic tile throughout the whole hom...
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Hello! I have a lead on a home owned free and clear in distressed condition. I also know the owners really don't have the time needed to fix it up and rent it out due to health problems of one of the owners. Been ...
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I was recently told by a realtor that she could not refer deals to me because the seller felt that my lower offer would result in a higher deficiency and the resulting proportionate increase on a promissory note to th...
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So here's my dilemma. Normally to reduce DOM we include really nice appliances, or we stage the property, or we include some "bling" type features to make sure our rehabbed properties get on our retail buyer's short-l...