Hello, I’m new to REI. I recently purchased the Wholesaling Inc course and I like it. The course says I can make a deal in 90 days, which I believe. But 90 days is too long for me. I need to make a deal in 30 days. An...
Hello, I have just purchased a six unit last month. Rents were due on the 1st. I have installed a rent drop box on the first floor and passed out a letter to all of the tenants to deposit checks in their. I check the ...
Just wanted to throw this out there to see what you guys think. Here's the deal. Today my property manager went to one of my newly acquired rentals and the tenant states "Can I pay $400 today and $500 on Friday?". ...
Hi everyone, we're finally closing on our first property in a couple of days. And the fixed term lease for one unit is expiring in two weeks. There are two individuals living in the unit and one is the seller's son. O...
This isn't a question. This is just a rant.I own apt buildings in bad neighborhoods. I am often victim to prospective tenants who no call no show. I managed to schedule 6 back to back showings yesterday afternoon. ...
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
We just bought our first rental earlier this year and I'm have some issues with the tenant. Not too serious, she and her kids keep the house clean and haven't caused any damage, but her payments are almost always lat...
Im in the early stages of closing on my first fixer-upper. Whats the best way to find good contractors? Would I need to find someone who can do most of the work or would it be best to hedge my bets by splitting the ...
Hi! We have a tenant who is doing a 1 year lease to arbitrage our property (single family home) out as a short term rental. The temperatures have been unusually low and pipes in the home froze for 5 days so far, makin...
Hello BP Community - I would love to get your insight: I rented a 3BR/2BA home 5 blocks from my house with permission from the landlord to sub-lease to business travelers--very excited to start a rental business! I ha...