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I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
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I have an application from a lady that other than being a smoker, I would rent to.Does anyone know of anything that would prevent me from charging extra rent and collecting a larger deposit to protect myself from the ...
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Hi BP Community!
I've been dreaming about investing in real estate for awhile now and I'm finally putting myself out there to the community in an effort to hold myself accountable & invest in at least one propert...
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I have this whole system in my head (and on paper) for screening potential tenants. I know this will vary, but how long should I plan (time-wise) for the screening process? Credit/criminal/eviction check should be...
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I'm ready to jump into real estate investing but..to be honest I'm scared.
I've been recently looking into Montgomery AL as being the location for my first property. BUT im worried that the vacancy rates are too hig...
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How do we legally request official military documentation from the tenant, such as their orders or military ID card. This clause should specify the purpose of the request and how the documentation will be used. Do you...
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Hi Everyone! It has been awhile since I've posted. I took a few steps back and really thought about real estate and how it would fit into my life. I was tossing around the idea of a multifamily home vs. single f...
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You cant make this stuff up…In July, an applicant contacted me about renting an upscale home I own in NY. 720 credit and no evictions, he paid the realtor with a check and made the deposit and first months rent throu...
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Why would a company that has "no appetite" for investment drag potential customers through application and appraisal expenses while not intending to invest? Here is a story of a community bank in California (I'll post...
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Hi all. New member here to BP. So I found a deal on a Single Family Residence. Its selling for 120K after estimated closing costs, cash only, in a neighborhood that is valued at lowest price 250k. Needs work roughly 3...