William C.
Bankruptcy and rent to income ratio
A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...
Jonna Weber
Type of carpet for SFH Rentals
Experienced landlords: In the process of ordering replacement carpets for a couple of SFH's I'm purchasing to buy and hold. Getting so many conflicting opinions from carpet stores, installers and carpet cleaners on t...
Tony Mai
Multi family in Southern California
I was hoping the BP community can give me advice on this deal!
Here are the terms
Selling price 1,000,000 on 4 plex
4 units all 2bed1bath
Rent is 1500/unit for 3 units
one unit is at 1400(so a little room to ra...
Jared Vidales
Calling all RV & Boat Storage Operators!
Maybe it's a good thing that I cannot find any real operators, or underwriting models for RV/Boat storage facilities. :)Who here actually owns and operates these facilities? We were underwriting the feasibility of sel...
Johnathan Cummings
Is Subject to fraud?
I have a subject to deal that I can pursue, but my broker tells me that subject to is mortgage fraud. Basically if the current owners die, go into bankruptcy, or something else, I would lose the property and it’s not ...
Ivan Burley
Hard lesson learned!
Well as I recently posted I purchased my first property not to long ago. I have completed all of the renovations and was ready to find tenants. All of the sudden Nashville is hit with the blistering cold that af...
Mark Stone
RE tax questions from a noob
Ok I have a few questions in regards to my taxes and am hoping someone could help answer them or point me in the right direction! Thanks in advance for any insight!Due to my income falling between the $100-$150k, I am...
Brian Jurvelin
Tenant needs help: is this lease term standard and/or fair?
Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...
Kaylee Walterbach
The best way to save money?
Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Calling all finance savants: What money-saving strategy do you swear by?
By responding here, you're allowing us to print your nam...
Marc Dufour
Venmo to collect rent payment?
I wonder if anyone used Venmo to collect rent payment? Is there any fee associated?