I just closed and was given a check in the amount of both tenants deposits.Right away you want to call and transfer any utilities that the previous owner was paying, as well as call and set up a time to introduce yourself to them, as well as lay out clear guidelines and expectations as to what to expect with you as the new owner, ie. where and when to send payment, contact info and info on what to do if there are any issues that need to be addressed.I just closed on a new duplex and acquired tenants, i called right away and started service for water and garbage for the tenants, as well as met with them in person, I showed up with a copy of their current lease agreement for them to have as a refresher, a basic rental application for them to fill out to make sure i had the most current information about employment, tenants, contact info, as well as had them make a list of concerns and things that need repair. 

A conventional lender will want to see that the property is cash flowing, probably with 1.2 DSCR (debt service coverage ratio) and an appraisal that shows you have about 20% equity (each lender will have different criteria).

It has been hard to find good and reliable contractors to do repairs and emergency service calls.Anyone has good reliable handyman/plumbers/carpenters/contractors that can refer to me.Thanks in advance

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/

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I have a service that my company offers called “ Boots on the Ground”.

Are you soliciting an architect’s services on forum or describing what is entailed.

I have a graphic designer wife and also spent a lot of time and effort branding my previous service business looking for a singular design and style across all media.

I can help you track down BOA’s attorney, but they won’t speak with you without the owner’s written authorization and they will advise that the owner must communicate with their servicer regarding pre-foreclosure alternatives (which include short sale).Please don’t hesitate to send me a message if you would like any additional info.Good luck!

I have a background in many fields ranging from customer service to truck driving and from masonry to being a licensed nurse.