Kendall Chamberlain
Can I retain holding deposit if tenant changes mind, no lease sig
Made a verbal agreement to start lease July 3rd. I took a holding deposit and now tenant wants their money back. Am I obligated to return entire deposit? (I know, sign lease immediately next time, but this time I di...
David Macias
Primary Residence or Investment Property (or both)
Hi,My wife and I are really eager to get more involved in real estate and will have 100K to utilize in the next 30 days or so. I am in the military on my last tour (4 years) and will be doing my final move to North C...
Jose Rodriguez
Hello from Hampton Roads, Virginia
Hello to all- I'm really glad to have found BP. It really fills a void for the real estate investing. I've been doing buy and hold investing on rental properties for the last 3 years but aside from reading books and a...
William Donnelly
4plex too good to be true?
Hello all,
Im currently looking to break into real estate by investing in a multi family residential. I've found a fourplex of 4 town homes, 2B/2BA, in a decent location in Alabama listed for $220k. It has been comple...
Becca F.
Rent for roommate situation for SFH in San Francisco
I have a 3 bedroom, 2 bath SFH (1357 sq.ft) in San Francisco that I'm renting out to 4 different tenants (two couples, working professionals). The main level of the house just went through a complete renovation (all n...
Joe Maron
Self-employed underwriting: 25% rule "loophole"?
Hello folks! I have a question about getting a mortgage underwritten as a newly self-employed person.I recently decided to leave corporate hell and started a one-man, one-owner corporation. I pay myself a base W2 inco...
Bryan Tasumi
Buying home in Texas.I am from California. Where to get mortgage?
I will be buying home in Houston, Texas. I am from California. Where to get mortgage? Where is the best place for me to get a mortgage in this case?I currently do not have a job in Texas lined up. I am currently livin...
Sriram Kumar Bikkina
Keep an eye on fraudulent private lenders
Hello Everyone,I am new to RE investing and am closing a deal by end of next week. I was almost a victim of mortgage scam and wanted to share my experience here so that it can help new investors.Background: I closed a...
James Nix
Tenant paid all funds to move in but prior to Move in Day can't
Hi everyone, So this question is actually from my Dad he owns a multifamily and is in the process of renting it out. He found a prospective tenant & got a security deposit ($750) from him to hold the unit for Move...
Chris Collins
What to do with a vacant commercial space downstairs in a 5 plex?
I'm looking at a 5 unit building in Kentucky. 4 apartments upstairs, and a commercial space downstairs which is vacant.What do you do with a vacant commercial space? Place an ad on craigslist? Put a simple 'for lease...