This is for a LL friend. I don't know what is exactly in his lease.
It is an annual lease ending 8/1 with a 60 day notice for termination (6/1).
So when 6/1 comes the tenant says they are terminating. My friend be...
Hey BP, I am considering renting a property to a co-worker and would like to get rent pulled directly from his payroll into my account which he is agreeing to do. I like this method but a bi-weekly payment is also a p...
Okay so I have a little bit of a dilemma. I recently purchased a four plex and I inherited two tenants who are on month to month leases.
One tenant has no security deposit monies on account as she is the previous own...
Hello,
So I'm new to BP, and the real estate investing business. I currently have been reading a lot of the books here on BP, and soaking in as much knowledge as possible. With that being said, I have been in the mar...
Hello All,
I am considering to buy investment properties (single family homes) in Edmond, Oklahoma and rent it out. Can you please suggest if:
• Edmond, OK is the right market to invest for Rental homes
• How easy i...
The only way BRRR with private money works is if the cash-out re-financing amount is equal to or greater than the money put it by the investor + their expected interest. Here's the catch: roughly speaking, if the inve...
I am always practicing analyzing deals, but how do I know if I am doing it right? How. do I double check my answer?View report*This link comes directly from our calculators, based on information input...
Hello AllSo long story short, I'm dealing with this seller who lives in Missouri and has no intention on coming back to Illinois where the subject house is located. Am I allowed to be his "boots on the ground" where ...
Hi Everyone,
I have recently watched a bigger pocket podcast and I was very inspired by the host. I reached out to let him know how similar we are in our values and what i'm doing to get better in real estate, I jus...
Hi All,
I am about to purchase a 2-unit property in Chicago for 100k. It is an REO so I am not getting good responses from the seller. Here is my concern:
The property is already rented.
a. The seller says one of ...