Hey BP community. I have a question about what financial information to include in a real estate business plan if I have not yet started any deals or projects. I currently have listed: an asset and liabilities stateme...
Hello BP!I purchased a 3 unit multifamily property in august of this year, it was occupied by 2 tenants and I moved into the 3rd unit, when signing new leases for the existing tenants one of them gave me notice to ter...
Hi All,Have a little bit of a weird situation that i was hoping to get some insight on- One of my tenants at my duplex reached out to me about an hour ago, stating that National Grid was at our property exchanging gas...
Hey BP,I received an appraisal back below purchase price and realized appraiser used initial offer and not the accepted counter offer on the appraisal report. Now there is an appraisal gap of 10k. I spoke to lender an...
Hello all, I am brand new to real estate investing and I am in the process of purchasing a quadplex, hopefully close by January! I have been researching the subject thoroughly and I came across a website called Cozy....
This may come down to not understanding Subject to as well as I need to, but I had a few questions on the strategy as it relates to payments and equity built in the property. For context, I am trying to figure out if ...
Hi All
I am currently looking into a 5 unit residential property (no commerical space here) in Philadelphia. I am very new to the game so any tips here would be great. Just looked at the property this weeke...
I went under contract with my seller. He hasnt paid the mortgage in a few years. His statements show he owes 262k so we go under contract at 268k since all lis pendens were dismissed without prejudice. I find a buyer ...
I might becoming a landlord for first time or might just hand it over to a property management company, my question is once i find a rental agreement, there are plenty out there, what is next step. Does a lawyer have...
We recently had a major sewer line leak that caused some interior water damage to 2 units in a rental we own in AZ. We had a plumber come out first, not knowing what was causing the water leak, and he discovered...