I'm new to REI and am in the process of learning. While researching various areas, I came across a 6 unit apartment complex that has great numbers. It's been on the market for 75 days and is currently bank owned. Woul...
I was told by this bank in Cleveland that they couldn’t verify the identity of my LLC and closed my account under PATRIOT act. They would not open it without verifying it at the first place. I thought. Could anyone gi...
New to real estate investing and was just wondering what it actually takes to get a deal done from A-Z with an out of state home owner. Do contracts have to be notarized? Do sellers have to be at closing via phone or ...
Hi all - new to the game, but ambitious to learn. Recently bought a triplex, set up avail for tenants as an upgrade from picking up checks in a box. First avail has our LLC do a video chat with a notary to verify our ...
I am curious if there are any pre made criteria lists out there or if there are any “must haves” for tenant screening. For example, minimum 650 credit score and 3x rent for gross income. And are these criteria lists f...
I decided to lease a unit to 2 recent immigrants with their affluent brother in a neighboring unit as guarantor. I've downloaded 1/2 dozen guarantor forms and the variation is dizzying, from straightforward to legalez...
I have a few tenants that lives in Oklahoma but holds California DL. I was wondering if anyone knows a website that I can have access of California court records for free.
Hi Everyone,I was recently responding to a post on a meetup group "New York Real Estate Entrepreneurs" about a private loan with 5% interest. This guy, his name is Michael, said he could loan me $200K with 25years ...
So how exactly do you vet Private Money Lenders when “Private” is their First name?? Let’s be clear, I’m not talking about Hard Money Lenders who are somewhat regulated by your state or local real estate boards. Inste...
Hello BP Folks,I have a section 8 tenant which i inherited from the previous owner. She has been causing lot of problems and her lease is set to expire in end of July. I found out from other tenants that she tampered ...