Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Rob Randle
New Landlord, Advice Appreciated
So I am a new landlord and will be leasing my first buy and hold property. I will be renting in NJ and have done some research on renting in the state.My plan is to get my lease off of ezlandlordforms.com. I also pl...
Max T.
ADUs legal everywhere?
FACT SHEET: Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supplyhttps://www.whitehouse.gov/briefing-room/statements-releases/2021/09/01/fact-sheet-biden-harris-administration-an...
Kyle Burrows
Unapproved Pet - Not on Lease
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Aidan Mulligan
Is this something I can reject a prospective tenant for?
A tenant disclosed to me that the reason they are moving is because there is mold and mildew in the place they currently live. She claims that it has damaged her furniture and caused her health problems. While I sympa...
Mark S.
LLC: Form now or in 2017?
Looking to start investing in January, 2017 in buy-and-hold rentals with an investor group. I want to create my own LLC which will buy into the LLC that owns each property. I'm looking for form LLC in Kentucky. A f...
Kelvin He
Is operating with negative cash flow a good move?
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
Cody Brown
Dave Ramsey Investment Approach
Hey, guys!So I was wondering if any of you follow Dave Ramsey and what you think about his advice on buying real estate? For those of you who don't know, Dave Ramsey suggests a zero debt, 100% down policy for practica...
Edison Reis
Cannabis legalization and landlords mitigation plan
As we all know Cannabis became legal in Canada few weeks ago and tenants are allowed to have a small grow up (up to 5 plants if I am not mistaken) How are you handling it to make sure things don’t get out of control w...
Mark Fries
Think about self insuring my properties
I pay about 40k a year in premiums for my properties. I am well versed in the practicalities of having coverage but as my portfolio grows it's becoming a hassle to monitor and deal with it. Thinking about taking that ...