Will K
Financial Due-Diligence Addendum - Feedback?
I was going over my P&S Agreement, and realized there is no section in there which would allow me to nullify the contract and get my earnest money back if I discovered the rental income was not what the RE agent h...
Ryan Robinson
Things to Ask for When Purchasing a Small Multi Family
Good morning BiggerPockets,i'm new to investing and before the end of the year I am very serious about purchasing a few rental properties in Maryland, North Carolina, and potentially the Philadelphia area. This is a q...
Tina Opel
Negative Landlord Review
When screening a potential tenant are you allowed to tell them what their past landlords said about them? I am in the process of screening someone who ended up moving out of state 6 months into a lease for a job trans...
Matt Laird
Buying a property with tenants, Month to month without contract
I'm a few weeks away from the closing table, deal looks good, 3 units on one property, 2 units are leased $450 month(which is below market value) current owners didn't do background checks or sign leases. They have...
Chauncey Glenn
Financing Options with No Job
Hello Invester Friends,I am living abroad in South Korea. I have two options and questions: 1. Upon completion of my teaching contract, I’d like to return to the U.S. to purchase a small multi family home in Buffalo o...
Tricia O'Brien
Minimum Documentation I Should Get from a Co-Signer?
I have 3 roommates (all in their early twenties) who have applied to rent my house. Two are recent college graduates and have okay jobs. The other is still in college and only makes about $7,000 per year plus has stu...
N/A N/A
LLC and getting a loan
I am thinking of getting into rentals, and would like to form an LLC to purchase my properties.
QUESTION: Can a newly formed LLC even get a loan from a lender to purchase a property, given that it has no credit histo...
Dennis Nemitz
Vehicular Homicide
Would any of you rent to a young person who was convicted of vehicular homicide 5 years ago from wrecking while driving drunk? They openly admit it and have not been in trouble since. What would you do?
Jeff Ausdemore
What's your favorite site (or method) to find your next tenant?
Hello BP'ers!My wife and I are wrapping up the details on our 2nd SFH here in the Dallas-Fort Worth area. Thanks to a few meet ups and the fantastic podcasts/webinars on BP, we're "all in" these days for real estate t...
Christen G.
Newbie in Seattle/Tacoma
Hi there,I'm new here and am learning a lot from the podcasts and reading through the forums. I live/own in Seattle and have 1 multi-family rental property (with a business partner) in Tacoma and a short-term rental/...