Hi All. I'm preparing the application for my first rental and have a question: Is it good practice to communicate some of the more sensitive screening standards to the applicants (i.e., as stated on the application) ...
House is in a B neighborhood in Atlanta area, purchase price is 370K. I thought I was overpaying a little, perhaps 5-10k. However, I see now it is closer to 25-35K overpayment. Worse, I wanted a house that was move in...
Hi BP,
I finally found my first duplex. My offer has been accepted and will be in escrow tomorrow (since today is a holiday). Yay!
While I was searching for my first rental property, I was also looking for a Califor...
Hi All,My partner and I are new investors, looking to do our first deal in the first few months of next year and avoid analysis paralysis. We intend on using hard money for this first deal; however will have very litt...
How come no one has created a standard form for hard money lending where the terms are easily comparable across them? Something similar to the HUD forms we are familair with? Everyone seems to use email and will descr...
Hi,I am shopping for home insurance and was wondering whether I really need tenant occupied home insurance. It usually comes at higher cost than standard home insurance. Appreciate if you guys help me understand the c...
I’m still in high school wanting to invest in the stock market long term, I was leaning towards Roth IRA.But I wanted to get some advice before I made the decision,
Besides the following minimum standards used by most landlords 1)3x the income 2) Credit report 3)Background check 4) Good references 5) No prior evictions. What other minimum standards do you use to find those great ...
Hey everyone,I'm searching for the best app for tracking mileage on a business vehicle while using the same vehicle for personal use. According to the IRS the vehicle needs to be used for 50% for business and needs to...
Hi BPers,I'll be finishing renovations soon and will be renting out 3 rental units. I'll be self managing, and it would be nice to have one (or two or three) handy men available that I could call when any maintenance ...