Angela Henderson
Desperate Tenant - Prospect
So, we have our very first property ready to rent (after a 3 month rehab where we did most of the work) and just before the holidays, a passerby stopped by and stated that she would love to rent our house. My husband ...
Cory A Hall
Assignment of Contract (Weird Situation)
Hello everyone!So I've been wholesaling for about 6 months now, but I've never experienced a deal quite like this. I got the property under contract for $58K, and the seller still owes a mortgage of about $54K. She re...
Iaroslav Demydovych
First time private money borrowing, need guidance!
I am in Lancaster Pennsylvania! I am looking to borrow some private money and I have couple people that want to land me money. Can someone please explain the legal process so I do everything right? thank you!
Brian Buckley
Buffalo rental market
Trying to get some insight from investors in Buffalo on the rental market right now. I presently don't own my own home but I have enough savings to purchase a two family unit in the Buffalo area and have been pre-app...
Laurie Chimento
Credit score and misdemeanors
Trying to rent a unit out and still pretty new at this. I have as my baseline requirements a 600+ credit score, no evictions or criminal history. I have a couple who wants to rent and both of them have 550 as score an...
Erika Banks
Collecting A Security Deposit for A Service Dog
I've got a landlording question -- I have a tenant that has a child requiring a service dog. The tenant has purchased a puppy and registered the dog as a Service Animal. I understand I am limited to two questions I ...
Alan Mills
Basement Egress Options
I have a single family property and would like to rehab it into a duplex via adding a downstairs apartment. There are currently two stairways entering into the downstairs from outside (there are no inside connecting s...
Benjamin Ertl
New investor: invest in local properties or remote ones
Hi BP community,Over the last two weeks I've really taken an interest in real estate investing having listened to over 20 of the podcasts and reading my fair share of articles (a.k.a I'm a newbie). I'm currently unde...
Daniel Yoo
Apartment Multi-Family Deal Analysis For You...
Ok here's the background info:
225 Unit - Class C Property in TX
$535 - 1 bedroom rent, 100 units
$710 - 2 bedroom rent, 125 units
Monthly/Annual Potential (Gross) Re...
Mike Healey
Income Requirements for Tenant Criteria
I am in the process of going through the tenant application/screening process for the first time. Currently I'm writing up some selection criteria and came across a question on income requirements. I went with the sta...