Jay P.
Repairs after notice is served
Hi All,Should repairs be made by me the landlord after the first eviction notice is served? The tenant is not paying rent since I will not extend the lease. The repairs are minor things like sink disposal not working,...
Andrew Gingerich
So you think you know something about appraisals?
Hi BP know it alls!We recently purchased a property that has two houses on it. We purchased the property for the market value of only one house (good deal for us). We did this because the appraiser insisted that he gi...
Thomas Elijah III
Financing for a Seller of 5 properties
I have a seller with many properties. The seller wants out of the low-income rental business because the business is disturbing his lifestyle.The seller is willing to provide financing, yet, wants assurance if vacanci...
Betty F.
newbie interested in lease options
Hello BP members,I am scheduled to meet with a seller tommorrow 10/15/15 who contacted me about selling his home. I was thinking perhaps a lease option? The problem is I have never done a lease option before or should...
Ezra Soto
How do private lenders work?
Need some advice. I am in the middle of a cash out refi on my investment property to invest in a duplex. The problem I'm having is that the banks want 25% and that will take all my cash and I would like to keep some...
Troy Parker
Did I blunder my first home purchase?
Hello BiggerPockets community.
I bought my first home about two months ago. I purchased a 1500sqft 3/2 wood home about two months ago. The property was REO. I purchased the property with 5% down at 225k and it appra...
Anne S.
Purchasing occupied rental from another investor
Good morning BP community!
I have been studying REI for about a year now and am ready to move from analysis paralysis to making my first deal happen in 2013. I attended my second local REIA meeting last night and was...
Jon Klaus
A household needs just $29,789 income to afford a home in Cleveland, but it takes $137,130 in San Francisco
Wide range in the USTexas is still relatively affordable, with Dallas, Houston, and San Antonio each requiring less than $50K household income to buy a home.
Matthew Rayl
First time landlord, need tenant advice
BP, requesting a sanity check. I am about to be a landlord for my first time and I am in the military. Transitioning existing San Diego, CA SFR into a rental. I will only be moving 20 minutes away. Lived in existi...
Todd Bullinger
Lease option creits
I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...