I haven't been in the REI game too long, so please hold the "you should have seen that during your showing" comments. The purpose of this post is mostly because I want to vent to the BP community, but general thought...
We are still looking at buying our first fix n flip. Hard Money is the only way we can finance a loan. They are typically offering 13% then want either 4 pts at closing or 6 pts at sell. We thought the points were in...
If I close on a MF that has one section 8 tenant (whose lease expires at the end of April) and do not renew the lease, does that automatically mean I am agreeing to take on Section 8 going forward? The MF that I a...
Hello – my name is Chris. I eventually would like to own real estate myself, however, at the moment I am facing some challenges to rent which is what brings me here to ask a question. I work in South Seattle, Washingt...
Would I need a realtor to sell my rental to the current tenant after the lease expires? If not, what would be the proper procedure in doing so. Current lease expires at the end of next month.
I thought this might be an interesting topic. I'm talking about during pre-screening before you have run an application. Something that may not be a DQ but sets off your bad gut feeling (rightly or wrongly). I'm not r...
Hi,
I just finished inspection on a home under contract and found some things that were not observable upon the initial walkthrough.
Im looking at requesting a slight reduction in price. How do you guys do that? Do...
I'm a first time self-storage owner; I bought an underperforming site 2 years ago, brought on 3d party management who doubled NOI, and now I've got 3x as much equity in the property as I put into it ($650k cash into a...
Here's what happened:
2 weeks into first month with tenants, the one who is the point of contact sent videos and photos of wire shelves in a small kitchen pantry not having brackets and was worried they weren't secur...
Looking to invest in the under 50k cash market cities whats the best play regarding landlord friendly, quality of tenants, rent roll? It seems to me Detroit, Cleveland and Louisville are good options. Please share th...