I read somewhere that providing the tenant with a 'move-out letter' once they've given notice is a good idea. The letter tells them how to leave the place (empty and clean), details about the deposit, instructions to ...
I was approached with this "deal" below.
"I am selling our fourplex for health reasons ($335k). It has always been fully rented. Separate water meters on each unit so tenant pays all utilities. Needs roof...
Hi everyone,I'm a new investor, working on my first deal here in the Raleigh NC area. I'm curious to know if anyone can give me a solid referral for a good Property Management Company? I need someone who has great scr...
Here in California, properties with 16 or more residential units are legally required to have an onsite resident manager. I'm hoping someone here has some experience in that area and can share a job description for t...
I have a foreclosed property on my record from 2010. (bad real estate investment). My current home is paid off and I have one rental with $350 positive cash flow. I applied for another mortgage and was told I would...
Hello All, So I have tenants that are not quite understanding the difference between functionality and personal preference. I am trying to make a clear distinction between the 2 and wanted more opinions on how to diff...
Usually DSCR loans should have a value of 1 or higher at least. But for a loan in a good city to approved i think it has to have income to cover the mortgage and the expenses. From looking at a lot of areas like San...
Can I deduct my HELOC interest on my schedule E? The HELOC is on my primary home and I have used the money for investment properties nothing personal. From what I understand, most people deduct it on their schedule A ...
Hi BP community - is anyone utilizing extra cleaning and disinfecting services in the common areas of your buildings? Have tenants requested such services to be performed? I have proactively done weekly general clea...
Finding another tenant.
So , I have to fill a vacant property at the end of the month and I’m trying to streamline my process. I’ve done this a few times and so far it never feels smooth enough. Here’s what I’ve done...