Rebecca Coxson
How to deny applicant due to low income
We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...
Dave Blackman
Paying off properties vs. buying more properties
Hi all,I just purchased my first two properties in KCMO and am looking into more. I have enough cash to purchase one more conventionally then I have to start getting creative (portfolio loans, private lending, etc).D...
Jonathan Tea
Favorite out-of-state turnkey investment areas?
Hello BP community,I've been looking for turnkey properties in the mid-west. I'm wondering what areas are your favorites?I've been looking at Memphis as my first investment property. What are your thoughts?Thanks!
Dawn Curry
Buying with only 5% down
So I've been running into obstacles with funding an investment property. I am looking at a rental property, but all the lenders I talk to are requiring 20% down, which would totally drain all my capital. How are BPers...
Raj Kumar
Tenant did not sign lease, handed Security Deposit, now doesn't want the place and requesting refund
Yesterday, a prospective tenant called and scheduled a showing for one of my warehouse properties. Since I was out of town, I gave them the lock box code to tour the property. They looked at the property and texted me...
Robert Fisher
Put House on Market, Discovered Roof Leak, Now What?
My wife and I just bought a new personal home - one we can finally house hack! We're going to sell our current home and use the equity to pay off my student loans (and because we wouldn't come close to even the 1% ru...
Scott N.
Buying Condo, Disaster of a Situation, Trying to Salvage Some Money
Hi all, Thanks in advance for reading and offering any advice. I am working on a boat in Alaska, so my internet is limited and sporadic, after I post this, I will only be able to check it about once per day for update...
Roy Gutierrez
Boyfriend/Girlfriend breakup and rent responsability
Hi guys,It's been a few years since I had to look for a new renter, I'm strongly considering a couple, one make 45K, the other 60K, both with stellar credit reports (rent is $1,325). They have been together for one ye...
Lacey B.
Such a newbie, looking for advice
Hello!! My husband and I decided to get into real estate investing and pulled out 100k to start the journey. I don't know much but just started listening to every podcast I can and it seems I might have picked the wor...
Senta J.
Title Issues with a Foreclosure Purchase from an Auction
I am a newish member to BP. I have a little problem and was hoping someone can point me in the right direction. I am in the process of buying my first flip. I won an auction, had a closing date set for this week an...