In the screening process of prospective tenants and iv come across a family who has low credit scores but make above 3xs rental income. Previous landlords have all come back and said they have never missed any payment...
I listened to Amanda Han in BP podcast and also read "Tax Free Wealth" by Tom Wheelwright. I just signed contracts for my first two rental properties in OK and LA. I also have W-2 income. I was trying to find a CPA an...
HUD Home Q&A
What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...
Greetings BP Community! Question
Background-
I have recently completed a thorough renovation on a buy/hold property that I acquired Nov12. I have been searching to complete a cash-out refi and take out ...
Anybody here have any success stories retrieving money owed from previous tenants? One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repa...
Hi all,I'm looking to purchase my first investment property in Cleveland, OH. I plan on utilizing the BRRRR method and am currently feeling torn on whether to obtain the property with hard money vs. a traditional loan...
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
HiI am new in real estate investing and was looking to one day buy a SFD in my area. However, the "2% rule" seems totally shot in my local market. Looking at several online tools and doing some comps on Craigslist, i...
Hey everyone,
I have been in the process of learning the commercial real estate game specifically with syndication and joint ventures in mind for the future. I have no deal experience and all of my knowledge comes fr...
So as the title states, what're some opinions when it comes to buying a starter home, below budget, VS buying 4 bedroom home that may stretch budget 40% of post tax income.Reason being and things I see, buying a star...