Just received my first application. What questions do you ask their references? I have contact info for current landlord and their supervisor at work.
Hey BP, I am a wholesaler in Rhode Island and am starting a direct mail campaign soon. I have my list, I'm just looking for a good postcard company. If anyone has any suggestions on companies that they've had great su...
Let's say I find a great traditional shortsale where the asking price is $250,000. Can I go below that asking price and still get the deal accepted by the bank? If so, what research can I do that might help me deter...
Hi all,
I'm scheduled to close in Nov on a 2-family. The inspection revealed some legitimate concerns about the foundation of the house. I was aware some of the stone and brick needed re-pointing when I put in my ...
Hey guys,I am going to see two prospective quadraplex's this weekend and wanted to see if anyone had any suggestions as to what documents to ask the current owner for. I already know the taxes for both properties and...
I'm looking at a possible fix and flip. The former owners defaulted on a private mortgage. Foreclosure proceedings were halted when the property was purchased by a land trust which paid off the mortgage. Now the land...
Hi BP Family,I am making an offer on my first multifamily building ever, so I want to know what doc's to request when making an offer.It is a 8 unit building with around a 9% cap rate. There are two store fronts and 6...
I am looking at a duplex that was built in 1958. The carpet all needs replaced, and in one of the rooms it had been pulled back, revealing old crumbling tile (probably 6x6). It occurred to be that due to the age of th...
Hi Everyone,Had a question, has anyone ever used RentPrep before?I have a tenant that I am currently evicting. My attorney tells me " Did you not do a background check on this guy? He has 3 evictions in his past over ...
Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...