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What are some things to watch out for when getting hard money to buy a deal and then have a bank refinance as a buy and hold? What makes this process smooth, and what makes this process fall apart? or completely fail?...
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I'd like to start a discussion regarding 2 different rent collection options. I'm comparing "Rent Payment Now" through ARPOLA to "eRentPayment". On the cover it appears that "eRentPayment" may be more cost effective w...
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Quick question, as a landlord renting an apartment to an unmarried couple (man/woman), am I legally responsible to notify any authority (police/social services, etc..) if my female tenant informs me that she is lea...
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Just curious how everyone approaches CapEx. Do you take proactive actions or do you wait until signs of problems? I have a few properties where roofs and furnaces are getting towards their end of life (17-19 years). T...
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Details... I have a quoted rate of 4.75% with paying just a hair under one point or $723. And have the option to buy down the rate to 4.25% by paying 3.121 points (an additional 2.134 points / $1,562 cash at closing)....
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When do wholesalers usually switch from assignments to double closes?From what I’ve seen, it seems like wholesalers start their career with assignments I’m guessing because they don’t want to spend the cash for closin...
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I have a tenant who has just moved in. Her application was great, work history was great, and she is a single gal with no pets or kids. She is looking to stay somewhere for years as she is sick of moving... Awesome! H...
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Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...
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Hi, I was wondering what people used to track the income, expenses, late fees, etc for their rental properties. I have 5 units currently and am using a word document I created to track everything, but it is getting q...
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My tenant has called me twice already for things broken in the rental house. About 2 weeks ago, the facuet of the bath tub not working and water won't shut completely. I just paid $600 to fix it by a plumber. Then tod...