Hello BP community
I am a landlord to single family home in a college area in Ohio. I have 6 ladies that all signed a lease and each have a guarantor. My lease states jointly and severally for each tenant and their g...
Hi BP,I have a rental where 4 young women (mid-20's) are renting out my 4-bedroom home in an A/B suburban neighborhood. Several weeks ago, a tenant's vehicle, a BMW, was stolen overnight, and at the same time a neighb...
What does a lender typically require in terms of issuing a mortgage loan to a newer LLC for its first property purchase? if it matters, this would be for state of Nevada or Arizona.Thank you
Hello there!When you guys/girls are looking for a new property, what are some quick calculations you do to determine if the property is worth pursuing? I know of the 1% Rule, 50% Rule, Cap Rate, Cash on Cash Return an...
I am torn between the two potential tenants listed below. I would love some feedback:
Tenant 1- One adult male (30ish) with sister of his ex wife and a cousin and a dog. Credit is 638 with clean record. Seems...
I closed on my 3rd rental property in April. This was a marginal deal, cash flowing about $330/mo before maintenance and capex, managing myself. I put 25% down and used interest only credit lines for the DP. Since I b...
New here...need California Landlord advice!
I used to rent out rooms to my daughter's friends at our home. I needed to rent out the master quickly, as my hubby and I moved out. Went the Craigslist route. Took...
I have 5 units of rental property and I would like to get more ! My wife keeps saying she doesn't want anymore even though I'm doing all the work. She is not convinced its worth it even we are cash flowing on them . ...
Hello everyone, I am looking for advice on how to finance my first real estate deal. The opportunities I’ve been interested in are multi-family residential apartments. I’ve found a few different apartment buildings fo...
hey guys and girls!I need help.Asking price: 200kIs this a good deal or no deal?Thank you!