Hello I plan on making some updates to my current lease agreements. I heard of an idea offering tenants a payment program where they have the option to pay bi-weekly or even weekly with some additional fees for these ...
Has anyone over had tenants pay for 5 months up front? Curious to know how other landlords see that or have handled it in the past. Had a tenant just sign a lease income and references checked out, she paid the secur...
I have a lead who i offered a subto/seller finance option to. back story lead is getting a divorce and can get ~340k if listed. asked 300k if sold to me, everything updated within past 5 yrs except carpet and interior...
Does anyone have a bad experience or see any reason not to accept a full year(the lease term) rent payment in advance? This single family home rental will be in AZ. Seems like a great opportunity to me! Also anyone f...
Hello BP Family,I will preface this by stating that I tried looking for updated posts on this topic but the posts I was finding were at least a year old. Things are changing quickly so I figured this would be a good p...
Hi, I am new to the Bigger Pockets forum and to REI. I am an "accidental landlord" and am renting out a townhouse that was my personal residence. I decided to become a landlord because my townhouse development is st...
Hello BP,I came across Temple View Capital and of course was amazed.... the first draw available before the work is completed??? Get out!! Their site looks nice and pretty transparent, although the FAQ about pre-payme...
Here is the situation, we identified 3 properties for our 1031 with the idea of buying two and having a back up. We ended up buying one house to turn into a vacation rental and the two other options were one- a stand ...
Anybody have some advice on how banks see potential rental income when determining the loan amount that an applicant can qualify for? Just want more ways to enter an expensive market. Thank you in advance!
Looking to purchase another home for a house hack with my wife. We have enough for a 20 percent down payment but would like to get a lower interest rate, would it be possible to put 6 percent down to lock a lower inte...