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I have an elderly couple applying for my SFR. They provided too much info which I will share here. She is 62, he 70. She is retired from the postal service after 25 years, he is retired from Ford Motor after a 35 year...
Hello friends,Can you please suggest a good ( and inexpensive) web site where I can check a prospect tenant's credit history and background . What do you guys usually check? Thank you
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As we all know, a good tenant can be make or break for your investment. I am curious to see what steps do you have or requirements do you put in place to ensure you are securing the right tenant?
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Fanny/Freddy have put special provisions in place to help homeowners and landlords. Has anyone read the fine print? Wondering if there is any downside to doing this for a few months. Even if your property is fully ren...
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I am in pursuit of purchasing a 7 unit apartment building. The area is good. The cash flow potential is very good according to the asking price. The bank needs two years of rent history to assess the value of the buil...
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Is there a standard agreement to transfer the purchase of notes receivable to my name? I've yet to turn up anything for a situation like this. I came across several Owner Financed properties that I am attempting to p...
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Hello everyone, I'm new on here and looking for some help. I have a current tenant who wants to add her boyfriend to the lease. So I took his application and he said that he had never filed bankruptcy. But, when I did...
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Hi BP. I have a potentially profitable situation but wanted your opinions. My realtor has a property he wants to sell for $15K. He tells me it appraised at close to 42K. The rent is $525/mnth, but the tenant pays $575...
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Hey everyone! I'm currently looking to purchase my first property. I'll be using a VA loan and I'd love to house hack with a duplex. On the BP article on VA loans, it says that I can count future income from the duple...
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Hi All,I’ve come across a property I’d like to make an offer on. It’s listed in BC, with the same brokerage that my Realtors I normally use works at (another Realtor) Any reasons I should use a different brokerage to ...