5 October 2019 | 43 replies
(no eviction process, but make sure it's legal in your area) You also want to have it so that they are subject to random drug testing.Another way to go is to offer some type of rehab where tenants are required to participate in a 12 step program, have meetings at the house, counselors, etc. where there is more time involved, etc. and therefore; higher rates.
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17 January 2013 | 74 replies
My first post on the subject started out looking for answers and ended being a journal of my personal findings along with tons of valuable information from many great people on Bigger Pockets (Thanks to all of you!).
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1 January 2023 | 6 replies
Not my area of expertise but my understanding is that the winning bidder at the foreclosure auction is the owner subject to the 1st mortgage.this is probably subject to state law but generally the 1st has to accept you as the new borrower.
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7 July 2017 | 11 replies
But always, I was respectful of them and of a tough situation, offering honest solutions and we both benefited.I now do "Subject To" instead, with Joint Investors, because it is far less risky, it is more profitable, less work and a much faster way to wealth with a $25,000 investment instead of the $200,000 and $300,000 I had to use in the market I was in.If you choose to do Foreclosures, my method works great, but find out if it is even still legal since the changes of 2011, and 2016.
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2 January 2023 | 17 replies
Do a search for similar subjects, but as I recall, you probably need to hold it as an investment property for at least two years before undertaking a 1031 exchange.
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2 January 2023 | 7 replies
Hello BP,I have a question regarding to subject to deals.
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4 January 2023 | 3 replies
For the new subject property...75% of the projected rental income can count towards your income and the monthly PITI payment will count towards your debt.
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3 January 2023 | 3 replies
Get an attorney familiar with "Subject too" deals to draw up the paperwork.
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21 December 2022 | 6 replies
The subject has to meet or exceed health and safety code violations when completed.
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21 December 2022 | 1 reply
First time poster and would like some advice on the best way to structure the following deal. I’ve researched what I can but feel like there are some variables here that aren’t really covered. This would be my first c...