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I'm revising my lease for signing with the first tenant in house #2, so this is a small-timer's question. Does the security system alarm call your tenant's phone or yours?I've had a basic security system installed, a...
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After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33. The debtor will make $200 monthly payments until paid off.
1/3 of the $200 goes to the agency, and ...
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Hello everyone,I am a newbie, recently join BiggerPockets and have started to learning about REI and landlord business. I have purchased a new property and currently waiting closing. The current owners have been asked...
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Has anyone had any issues using online rent payment websites? My wife and I are looking to start a Property Management company for both our rentals and others. I'm trying to figure out if is just easier to open up a...
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So.. I've been working non-stop to learn everything I can about wholesaling.. Yesterday I created my first bandit signs to put out, but began to feel anxious about potential sellers calling. I know many new investors ...
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I've got a property with an unused detached garage and a next door neighbor looking for storage space. He's offered free monthly lawn maintenance in exchange for using the garage to store his Salvation Army donations,...
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We are looking to purchase our first investment property. How do we purchase a home (that will be rented out) using a "home owner occupied loan"? Has anyone done this before? Any advice would be very helpful!
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I recently closed on a HELOC and noticed verbiage in the contract that I was required to notify the bank if I plan to use the money for investment, rather than for personal use. Is this common? I assumed the money was...
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Hello everyone,I currently live in Houston, TX. I would like to purchase a multi-family property in Austin, TX through financing. It seems to me that an FHA loan would be my best best because of the low down payment r...
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I'm in a situation right now where I have a motivated seller who wants to unload a 3 family in a nice area. It's an FHA Loan with what I estimate to be about $100k in equity after appreciation. I want to assume his lo...