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Results (245)
Mack Campbell Should I gather a buyers list first before i start wholesaling?
13 August 2017 | 12 replies

Good morning fellow BP members, My name is Mack Campbell i am a neophyte investor as well as my partner in this joint venture we are about to start. I tried to talk him into picking an area to study the market but he ...

Dan Madden Covenant Deed from Fannie Mae?
16 November 2015 | 8 replies

I just received the title work for a cottage I'm purchasing owned by Fannie Mae.  The cottage is located in Northern Michigan.  The Schedule B-1 requirements include this clause:7.  Covenant Deed from recited owner to...

David Sisson When is a free building too expensive?
5 April 2019 | 9 replies

I have an opportunity to get a large (8,000 SF) commercial building for free. This building is historic, and would come with restrictions. It's also in very rough condition, with an estimate of $1M plus in order to ge...

Greg C Eviction stats ??
31 August 2009 | 7 replies

hi i was wondering if any of you with low income rentals,, have kept track of eviction stats , i have a couple single family houses right now and i am comfortable in that area but a great deal on a triplex has come up...

John B. City of Chicago Violations and Architect
12 February 2016 | 10 replies

I have an architect trying to get a permit for a property. He insists there are violations from before we bought the property even though (1) the closing attorney said we got clear title and there's nothing about viol...

Adam Scheetz 4% Rule Duplex!! Tons of equity!! No way, right??
13 March 2019 | 10 replies

Greetings All,I've been crunching these numbers and running different scenarios to exhaustion. As crazy as the margins are, it still seems like a good buy. Lots of work is needed, but the spread leaves tons of room to...

Benson Gee Needs tenant to pay rent!
16 June 2020 | 30 replies

Hey everyone! Times are looking little rough right now for a lot of people. But for me? I am in contract with a home that seems to be a deal I’ve been looking for. This will be my first investment and with time like t...

Lu Carter Potential Tenant has kept out-of-state DL for 4 yrs
22 May 2015 | 30 replies

I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years.  So far the information about landlord history and income is normal.  On their applications I ask for drivers license number and state...

Matt T. What cutoff point do you use for Credit in tenants?
24 July 2018 | 16 replies

I just put my first unit on the market and I'm getting a whole range of interested parties.  Many of the folks who seem like decent potential tenants have lower credit scores.  There are many folks in the 600-650 rang...

Brandy Carter Adverse action notices
23 August 2023 | 13 replies

I have just posted my first rental and am accepting applications. I would like help clarifying when it’s necessary to send an adverse action notice or not. If it pertains to something on a credit check this notice nee...