Curtis Magee
How to rebound after a fire
Hello everyone,We just had a fire in our fourplex. Only one unit was damaged and the tenant agreed to pay for all repairs. I don't think she can afford to pay for the damages, therefore, we are preparing for small cla...
Mark Brown
Deal or no deal
OK - need the forum's advice on evaluating this current deal. 38 total pads, 31 of which are rented, 17 of which are park owned homes (so the mix is 14 pad only rentals and 17 park owned homes). The location is real...
Stephen Torti
Margin Per Apartment in Multi?
Hi BP, has anyone tracked their margin per apartment? I've got some numbers from it and most are good but I'm not really sure what to compare it too. Is 25% per apartment good, 50%, 15%?
Mike A.
Buying an old bank and removing the safe
There's an old bank for sale in CT in a great location. It's a pocket listing, so it's not on the MLS yet. However, the building is in excellent condition, but one major drawback. The bank vault is still in the buildi...
Christian Beserra
House hacking in HOA community?
Recently purchased a home which will be my primary residence. It is in a HOA community and have a friend that I would like to live with me and pay rent to house hack. Is there a formal process for taking this next ste...
Lance Adderly
Negotiation advice selling rental
Hello. Newbie real estate investor looking for any advice to help me decide how to approach this negotiation. Currently trying to close on an out of state sale on a SFH rental with a tenant scheduled to move out at cl...
Ashwin Samtani
Toronto tenant wants to extend lease a bit too early?
Hey guys,I'm renting out a condo in the Toronto area, and I'm fortunate to have a great tenant. My tenant has been living in the condo for approximately 8 months now out of the 12 month lease.My tenant called me this ...
Alecia Loveless
Buy vacant lot or pass?
I’m about to free up some capital to invest from a property I’m selling. I live in a small resort town with several restaurants, bed and breakfasts, two golf courses, and very close to skiing. My question is this. The...
Tim Ivory
Hard money loans and seller occupied houses
I have a pretty good prospect on My 1st fixed and flip house after putting up some bandit times around my area and was able to find a house valued around 200 K and asking prices around 120 K With about 15K work as f...
Jeff Lubeski
Accepting On-Line Payments
Does anyone have experience or a recommendation for a service that will allow tenants to pay their rent electronically instead of with a check?
I came across dwolla from a search and it looks pretty low cost ...