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Hi all,This is my first post on BP! I’m still new and only recently discovered and listen to the podcast and find the wealth of information on here very valuable. I realize my questions below are going to cover a wide...
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If a tenant breaks a lease/wants to leave early, do I keep the deposit or does the property management company?How about late rent fees? Pet fees/rents? Security Deposits if damage is done to the property?I’m just try...
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I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...
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Good afternoon all,
I'm working with an investor who is trying to finance a duplex. They own a company but have tried to limit their W2 income for tax purposes. Excellent credit, able to put down 25% on the propert...
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Hi All, I am looking for some advice on what due diligence I need to perform in the following situation. I met an older investor that has 47 properties that he's acquired over his career. He's looking to liquidate an...
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Looking into the option of installing a pay to use (coin/card) washer / dryer in a 6 unit multifamily. This could potentially add monthly income, but also be a benefit and convenience for tenants.Investigating machin...
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I am purchasing a home that is off-market. We close pretty soon and I just found out that there is a foreclosure judgment on the property. The seller says the sale of the home will take care of that balance.And I foun...
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We have been investing with a buy and hold strategy where we bought off market properties in Dallas TX, rehabbed them using hard money loans and refinanced them with a 30 yr fixed mortgages. Although the rentals were ...
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Hello Everyone, I had a question about the closing of a wholesale deal that I haven't found the answer to here on bigger pockets. .Once you find a deal and get it under contract do you first take the contract and Erne...
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Hello, I found this vacant home and am in contact with the owners. The owner said they plan to put it on the market, but would be willing to sell it before then as long as the offer is right. They said they would like...