
5 August 2024 | 4 replies
I found that the tenant has turned the property into a small farm. multiple pens set up with at least one pig, 4 or 5 goats, more chickens and ducks than you can count.
5 August 2024 | 5 replies
@Sai Kumar Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

5 August 2024 | 7 replies
The issue came because five doors were purchased in December and the lenders counted the mortgages against me but didn't use the income.

8 August 2024 | 46 replies
But, overall, you will never know until you cross those lines.

5 August 2024 | 15 replies
And with the said would a $2500 lease hack payment even count in reducing my dti towards the new loan or does that not count?

5 August 2024 | 3 replies
The cash-out refi necessarily means thousands of dollars in additional expenses - likely setting you back further than you went forward in mortgage pay down during the same time period if refinancing in 1-2 years - but hopefully earning more equity in the meantime (fingers crossed).

5 August 2024 | 4 replies
I also learned that a down payment on a rental property does not count as an expense.

5 August 2024 | 8 replies
So, they should be able to provide proof of police report and acknowledgement letter from one of the credit bureaus.Cosigner: only idiots cosign and think it doesn't count against them.

9 August 2024 | 47 replies
Also, if I place bad tenants frequently, I can count on being fired, so what sense does that make to ruin my reputation and lose other business for half or 1 months rent commission?

6 August 2024 | 24 replies
Having to go back and forth to the property 5 or 6 times for things that could have been handled at the same time is rather annoying and that's not counting the fact the realtors have other appointments to get too or could have worked on other deals while the lender did what they were normally supposed to do etc.In my case I had an ideal deal that fit even their own requirement's, hence why I wanted to go with it.