I own rental properties in 5 different states and everyone does things differently. In most of the ares I have more than 5 rentals so I am usually able to negotiate a good deal. My question is about a re-lease fee.....
Hi Folks,I'm in conversation with a lady who has a property that I would really like to buy. She owns the property outright and is open to holding the loan. I made her an offer of 100k down and the rest over 15 years ...
I purchased a duplex and inherited my tenants. I recently raised rents and the tenants were fine with the increase. One of them signed a one-year lease, but the other side does not want to commit to a year because she...
I just rented my 3br/2ba house a few months ago; so far so good. I live in Wilmington NC and the rental market is much hotter in the summer. Unfortunately, my current 1 year lease started in December, so it will rene...
Hello everyone,We're looking at a deal and would love some input from some veterans. This is a 10 plex in our town, just five minutes from our house. We would do the property management ourselves at least initially, b...
I have a property in Oakland that I do not live in, but it's currently occupied by two members of my step-family since 5-6 years ago. My father passed away and they had financial difficulties so during their whole tim...
Hello Everyone,I was wondering if any experienced landlords had any tips for maximizing cash flow in duplexes/triplexes. To me it seems as thought the initial cash flow that you begin with after purchasing the proper...
Is there anyone in the BP universe that has added solar panels to a house to decrease utility costs? I assume there would be potentially significant upfront costs, but that the panels would pay for themselves and more...
OK, I have built portfolio of SFR, duplex, triplex income producing properties, and I have been thinking of making the jump to buying apartment buildings. I listened to Grant Cardone's podcast and I like the idea of ...
Hello,My wife and I recently ventured into real estate investment and have acquired a 0.4-acre lot in Bakersfield, California, within an R2-zoned area, Oleander Sunset area. This zoning allows for single-family homes,...