Shanequa J.
Letting the owner stay for free
I came across a house in one of my areas. The owners are old, late 80s, and they owe $5600 in property taxes. I would like to offer to pay their taxes and let them live their for free if they signed the house over to ...
Kenneth LaVoie
Determining how long tasks should take (carpentry, painting, etc.
I am one of those investors who absolutely hates to do anything DIY. I own a lawn care business and a small web design business where I put the bulk of my "manual labor" while I have an absolute Godsend working for me...
John Boyorak
Advice on selling seller finance to older owners
I am looking into approaching a previous landlord with purchasing their portfolio via seller financing. They are an older couple that owns multiple duplexes, and planned on passing down their properties to their chil...
Mike Doubek
Screening for verifying self employed income/section 8 inquiries
Hi everyone, I am currently in the process of getting ready to rent out my condo but have been a bit overwhelmed with the screening process. As it stands, I have a couple who are interested and have filled out the ap...
Jonathan Santiago
Gas boiler or Electric baseboard: Is it all just preference???
I just recently got a 3-unit building under contract that currently has no heating system in the home. I am trying to decide between rewiring the entire house and putting electric baseboard (this would also get rid of...
Chris Stewart
Does an investor need to put 20-25% down?
Are there lenders that will allow me to put less than 25% down on a sfh as an investor? If so, which?
Aleksandra U.
Tenant is not returning my calls, or texts
Hello,
My current tenants are on 30days notice period.
They supposed to move out at the end of January.
It was month to month lease and I did not renew because of smoking. After 2 written notices and tons of complai...
Shane Bracewell
First Duplex in Ft Worth - Rehab Needed
Fellow BPers,I have recently had an offer accepted (and renegotiated due to unanticipated repairs) on my first duplex in Ft Worth, TX. Below are the details:$174,250 offer accepted on a 2006 duplex (4 br/2 bath per un...
Miles Bennett
First Hack in Los Angeles
Just made my first post here to introduce myself so won't go into that too much, but I'd like to start this post with this question, and elaborate on it a bit below: Is it feasible for a first time investor to start i...
Tommy R
Is it required to give a certain amount of earnest money per contract?
And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...