All Forum Posts by: Josh Duncan

Hello all, 

I am about to be a new landlord in east TN area and just saw some things about needing a landlord rental license in TN.  Advice on how to proceed?  Is this a business license/llc.. or a separate license ?   Wasn’t aware of this and now stressing a bit.  

Thought of another question, on these BP lease agreements can you make minor tweaks to them to fit my needs or is it completely as it is written?   Obviously if I was needing to change a lot I know it would be best for a lawyer to look over but just for minor adjustments would I need to do that?  

Thanks in advance.   

Thanks for the insight Joe, Appreciate it! 

Hello, starting my REI journey here, have a rental property that I'll be advertising soon for rent. What is everyones take on using the biggerpockets lease agreement packages?

Thanks! 

--Josh

Hello all you savy investors!   I have just purchased my first rental property. 3/1 house In east Tenn about an hour East of Knoxville.  First time landlord. The long term goal is grow this into a business that can take care of living expenses. I'm not getting ahead of myself, this is a long term goal. Posting today to get some real-life landlord advice for a first timer. Appreciate any and all you can give.  

Thanks! 

Josh Duncan 

Thanks @Cydney for the reply. I owned a home for 8 years and had great payment history etc. Just no prior landlord experience. I have looked at the DSCR loans and that seems to be a good option for what i'm trying to do. Are there any lenders offering this type that you would recommend? I am currently not wanting to use my w2 job to qualify for this because I plan to use that for a new primary residence in near future.

Thanks

Hey, @Jamie Jones  this will be a fix and (minor) flip. Doesn't need a ton of rehab to be ready to re-list. 

Hello @Stacy Raskin,  I am looking to buy an investment property. 

Hello,  I am a beginner here and looking to start my real estate business journey.  I have a property I would like to purchase and now looking how to best finance this. I have some money set aside for down payment etc, good credit, no current primary residence mortgage, and no debt.    Advice??

Thanks @Dave Skow, that is what i've been working on most recently. I have a property in mind and now working to find the right financing situation and lender (haven't yet) and also looking at forming LLC.