Hey BP'ers, I would appreciate any advice experienced landlords could give me on this one. I am screening an applicant now and trying to make a good accept/reject decision. The applicant has a job grossing 2.8 times t...
So I have a job I don’t love. Want all of the things that real estate investing would offer in my life and most importantly want to be my own boss. I know I might work harder but at the end of the day it will be on my...
In November, Proposition 19 passed in California. This Proposition changes the way Prop 13 works, the monumental proposition from 1978 which fixed property taxes in California to 1% of the purchase price plus inflatio...
The applicant, a single woman, has 4 kids. My rental in Baltimore city has two legal bedrooms plus a 3rd "bonus room" upstairs that has no exterior window or closet, so we advertise it as a 2-bedroom. Occupancy guidel...
Curious to hear other's thoughts on saving for college through a 529. I've started contributing ever since my son was born 5 months ago but I hate the fact that it can only be used for education. I feel like there's t...
- Credit Checks are a major deciding factor? - Have you ever had success without running a credit check? - Great applicant, with poor credit, that’s the only issue, would you take a chance on him?
I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...
Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...
I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
Hi, new to the wonderful world! My wife and I am Active Duty in the Air Force with 2 children. looking to invest in our next market we move to or maybe try long distance investing. So far the goal is to stay in 20 ...