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Hi BP community. First post here. Quick intro, my wife and I have been researching and trying to buy properties for the past 15 months (more stories about that later on another post). Finally in October, we made 3 off...
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Hey BP fam! I am working on acquiring my first multifamily building with the intention of converting the units to STRs. Does anyone have a good underwriting template or expense checklist they use for analyzing STR pro...
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Hello! Does anyone have experience renting to a recently divorced person and evaluating their credit report? The person's score is 670 and they do not have a history of late payments however the total monthly payments...
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A few suggestions to achieve anonymity is to buy in your name and then transfer into a land trust. However if someone were you pull up the records they will see the history and note that the prior owner was you (befor...
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Sometime this year, my wife and I plan to get a primary residence using an FHA loan. After we live there a year or two we plan buy a new home and rent that house out. From what we've read, FHA loans are great for peop...
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I know I'm not the only one waiting for this a-hole to be behind bars! Seems Blago tried to sell Obama's state senate seat....and now he'll join a long tradition of Ilinois Governors sitting in the clink.
http://new...
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I came across this 'FREE' Tenant Credit Check from Experian today while putting together a Tenant Screening Check List.
http://www.experian.com/screening-services/tenant-credit-check.html
- Has anyon...
I just received an application from a couple and they noted that they have been convicted of a felony. As they were filling out the application in front of me they both told me about their own felony in the past. Th...
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I’m a first-time landlord (just signed my first fully-occupied LTR in Jan 2025) and have already run into my first potential tenant issue. I have two long-term tenants in the duplex—one for 5 years and the other for 7...
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Hi,
We have found a really good potential tenant. He has already submitted an application through Zillow, and we have the contact number of his current home manager.
Please let me know if it's still a good idea to a...