I just closed on a duplex 2 weeks ago and the long term tenant (10 years) just mailed me his rent check. The prior seller renewed his lease just last month to 1900/month which is about 1k below market. He is elderly a...
BP community!We sold a home in McKinney (Texas) a few months ago. We did not get permits on electrical. The buyer had their chance to do DD and did not bring any attention to electrical. The buyer has now come back an...
Hello all,
I am a real estate investor who has
been investing primarily in GTA multi-family over the last decade.
Recently, with inflation skyrocketing and mortgage rates bringing
correction to the over-valued ...
Between everyone on Bigger Pockets there is probably thousands of years of REI experience, I was wondering if you all wouldn't mind using that experience to give me your opinions on this deal.
236 unit apartment comp...
One of the most frequent posts in the forums is a recommendation request for an agent or hard money lender. While these requests are against our rules due to the self-promotional responses they generate, we realize th...
I have been listening to the podcasts for the last 2 years and joined the forums last year, but life has kept me from diving in with both feet. So I am finally getting around to introducing myself!I got into real est...
Hello Biggerpockets. I'm actually writing this post for a friend. She has a basement rental and drew up an agreement for the rental. She has a holding deposit and contract states that if property is taken off the mark...
Due diligence is "scary" and time-consuming, I've seen people ask "how to do due diligence" so I thought I would share “my method” after 12+ years as a consultant.
I'll like to start by giving you my thoughts on wha...
GOAL: Purchase a sub 100k single or multi-family turn key property in IN, or FL for long term cash flow, (appreciation is a cherry on top) before Dec. 31st 2019. (this will be my first rental property and I could fina...
I'll preface this by saying that I know that I need to get legal advice and will do so before taking any action. This situation is on a short time fuse and I need any useful information I can get.We purchased an NPN w...