I am trying to find my first rental but in order for it work it has to meet seemingly impossible criteria.
Here is what I am looking for:
SFR, 1600-2000sqf, 3bdr, 2+bth, 2 car garage, built after 1985.
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Hi! Everyone! I'm soo happy to have discovered this wonderful site! I'm a real estate agent and I'm helping managed or get good clients for my aunt. I'm somewhat an acting landlord on her behalf even though I ask her ...
Failure to Properly Screen Tenants
To secure quality tenants, a rigorous screening process is necessary. Obtaining a credit history is important, but so is getting references from employers and previous landlords. Pr...
Hi BP! I wanted to share my rookie mistake. We have purchased two SFH with inherited tenants. The first was in February and the second this past month. While we were closing on the second rental, we did a new lease fo...
I started my real estate career in 2012 so I have never actually worked in a downturn or a slow market. Lucky me. Just curious on others thoughts. I don't see how prices can keep going up. All the fundamentals are st...
Ok, admittedly, I'm stealing Brandon Turner's final question from the Podcast. It's one of my favorite parts of the show! I thought it would be neat to echo his question to the forum community. Why not expand the di...
So I am practicing analyzing deals just using a local home i found on realtor.com. Because I've used up the free trials of the BP calculator, I decided to just use another calculator to practice in the meantime. I end...
Hello, Any Help would be greatly appreciate. (Ohh couldn't find the exact forum to post so if I didn't select the right one please tell me so I can post it in another forum). Anyway here it goes. Not sure if we are go...
Let the lender order the appraisal. Don’t think by already having an appraisal it is going to speed up your loan processing. It’s typically a mistake and will ultimately cost you more money on another appraisal.Most h...
When I closed on my six unit commercial property with 5 out of 6 units occupied, my thought was: This is no big deal, I can find one more tenant and self manage 3 current tenants with triple net leases (1 tenant has 3...