Today we re-financed our second property within 6 months of investing in our first real estate deal! Here's a whirlwind summary of first foray into the BRRRR strategy:We found a distressed foreclosure on MLS in a pop...
Hi Guys,I just purchased a Duplex Property in Grand Rapids and I am looking for some advice in dealing with the current tenants. The duplex is separately metered for Gas and Electric and the lease existing with the te...
Hello all, new investor from the Philadelphia, PA area. I have had rental properties in the past, and have been out of the business for some time. I am looking to get back into multi-family rentals as well as keeping ...
Hello everyone and hope all is well. The tenant that signed the lease has her husband and brother listed as occupants. I did a site inspection and found another person at the house (brother's girlfriend). I explain...
I was thinking about maybe giving my new tenants a shorter lease in case things wrong. Maybe something like a 3-6 month lease and then if they're good tenants I'll offer them a year lease. Is that something I should d...
Hi, just trying to weigh pros and cons of different exit strategies on a SFR I own. It is financed and I have tenants who are one year into a two year lease. They are good tenants and I am in no rush to sell, but I ...
I am helping some family members prepare to sell a 4-plex in Denver, Colorado this Spring/Summer. They currently have 3 out of the 4 units rented to long term renters but they don't have lease agreements. They've be...
I recently purchased my first 4 plex and there are 4 tenants currently living there. Two of the tenants are problematic, however the previous owner signed leases while were in escrow, and at a rate well below market(...
While my ex-wife was living in the home I recently got back she had 2 flood claims and a theft claim in 2014. That same year I had the window broken in my car and laptop stolen while in the city, with the insurance sa...
Hello,My wife and I just closed in our first investment property in Blue Springs MO. We are based in NC and have a local LLC. We need assistance with three questions:1. Do we need to register as a foreign entity in MO...