Hi, I have exceptional FICO score (above 850 out of 900) and am looking to earn passive income on it, with low risk, for example in real estate, low tenant risk, and I am willing to pay monthly fees to managing agents...
I'm always trying to think of new and creative financing options. One has just occurred to me, and I'm curious if anyone is doing it.Using credit cards for financing can be expensive, even when going through a service...
Hi all,I recently purchased a 2 family property, and one of the units was occupied by tenants who have been there around 10 years, and have always paid the rent on time. They were on an annual lease all years prior, b...
Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...
I was wondering if anyone treats deposits or income requirements different for applicants that aren't families?Thanks.
Hello BiggerPockets Community,
I trust this message finds you well. As I take the exciting leap into my first real estate investment, I am navigating the intricacies of securing funding.
What financing strategies ha...
I've been thinking of buying rental property for a long time but am just now getting into it more seriously. I've read that 8% is a realistic and fairly conservative cap rate, so it would seem that someone could retir...
I've read and listened to several stories of landlords just forgoing the traditional security deposit altogether. They claim the hassle and potential legal troubles are just not worth it to them. As a new landlord, th...
Hello everyone,I could use some advice regarding my situation.
I have two tenants whose leases are set to end in two days. One of them has just expressed a desire to stay until November 1st and is willing to forfeit...
I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...