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Hello,I am trying to help my sister rent out a unit in her building in a class B area, but we are having trouble finding the right tenant. We followed suggestions and set up minimum screening requirements, one of whic...
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Hi BP,I'm a long time reader but finally decided to participate! I'm trying to rent out a property in San Francisco. In general, what should I watch out? For the local investors, what special quirk should I be care...
Hi all,For those investing in trust deeds or private lending in an LLC structure, do you place an insurance policy on the LLC? I understand taking actions to mitigate piercing the LLC’s corporate veil (e.g., don’t com...
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Is there any way rent-by-the-room income can be counted for owner-occupied SFH mortgage qualification?Also, if the house has an ADU, can the ADU's or the main house's rental income count for qualification?Thanks!
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I am thinking of buying a large multifamily (12 units) with two other investors. All three have good W2 jobs. My understanding we can still go with traditional bank financing as co-applicants. Looking to hear some rea...
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I am in the process of creating a real estate investment company that focuses on flipping and rental properties in New Jersey then the possibility of expanding. I am looking help to pick a name as of now I am thinking...
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So after reading "Rental Property Investing" five times and reading "Managing Rental Properties" twice, we have purchased two homes at auctions and are getting them rent ready. We are also currently working on writin...
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One of our properties in Memphis is vacant, and we had some strange vandalism / theft. They kicked-in the back door and took the white-painted steel registers and register boots from the ceilings (damaging the ceilin...
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Hey BP,
I'm looking for some help from the group.
I'm selling a recent rehab with owner financing. The plan is to generate the note for the buyer, discount it, and sell it to a private long term lender.
My underst...
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How can I check the criminal background (including checking for evictions and previous lawsuits they've filed) on potential tenants? Any good website?