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I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $...
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How do we ensure that we have a comprehensive lease agreement in place and we have covered ourselves from all the potential liabilities? Is there a good template for Arizona that is comprehensive? If not, should I get...
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Looking for the BP community's feedback on a couple topics in the short sale process, specifically related to a property I'm working through.Here is a little context to the situation. Seller is my father (please cont...
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Hey BP,I have been making tons of phone calls with local banks, over 15 now and have yet to run into someone that is lending non-conventional residential non-owner occupied "portfolio loans". I did run into a guy tha...
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What is everyone's take on these flat fee FSBO websites? Do you think they are worth it? What kind of features do you look for in a good site/service?
Any thoughts or comments would be appreicated.
Thanks.
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Hello BP communityIts about 4:19 AM my time zone. This is the best for me to use my brain and the children is sleeping. Its been almost a month since I join BP thanks God I did, everyone post made an impact in my life...
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I would love for someone to direct me to a resource (or answer my question directly here) to find out if I am within my legal parameters to add late fees if tenants do not pay rent on time. Quick background: My mom an...
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I've used SmartMove for my last 3 tenants and have had good experiences with all of them, but I'm currently trying to screen a tenant with SmartMove and 1) I can't tell if I'm still receiving a BP discount because it ...
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I was looking to get an alarm installed on a rental. Is there any national company you recommend? I was going to go the ADT route....any thoughts? Thanks, Matt
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I just closed on my first rental property 2 days ago, a SFR with 3bd/1.5ba. It will cash flow about $500 per month. I used a conventional loan and put 25% down for the purchase. I am now looking for my next propert...