Bernie Huckestein
Income for renter(s)
Looking to fill my first rental property and looking to confirm the minimum income.I have read in the BP book that we should look for a minimum gross income of 3x the rent. My question is if I have two people (not ma...
Derrick Lloyd
Refinancing a Sellers Finance
Hi,So I am digging into the seller financing option since it seems like a very effective method for getting in with little money down and not having to deal with banks.Something I am wondering about, is if the seller ...
Andrew Goo
Earnest money deposit for "as-is" sale
Hello all,I'm considering making an offer for a house being sold "as-is." I'm aware this means the seller is not willing to pay for anything wrong with the house. My question is, if I find something I do not like abou...
Henry T.
Asking for ID before check in.
I'm just starting my STR. I have an over 25 age requirement, and Airbnb doesn't seem to have a way for me to verify a guests age other
than asking the guest. And that's not good enough. For you hosts who do require a...
Jeffrey J.
Accredited Status - Net Worth Requirement
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
Dakota Coburn
How to Structure a large Investment
I am looking at buying into a larger rental properties and I am hoping for some advice on how to begin to set up an investor proposal. I want to get into buildings with 30+ units and so we’re talking millions of dolla...
Jeff Chisum
Bad Information around 10% down
So much bad and misinterpreted information around Fannie Mae 10% down Second Home Occupancy financing. I talk to about 100 people a month interested in this space. My biggest opportunity in these conversations is to...
Neel Patel
Should I sign a buyers agent agreement?
I have been searching for investment properties in Hazel Green, AL. I met one agent who is great and also an investor. I went to see a couple of properties that I found through Zillow, which didn't work out for me. Th...
Nicholas Zeiler
Requiring Renters Insurance......And Enforcing it.
Hello folks.I own only one duplex for now but plans to grow soon. I want to include language in my lease requiring my tenants to posses an active renters insurance policy as well as indemnify and hold harmless the lan...
Elias Barend Westhof
How do I do cash for keys?
So we have two tenants in our fourplex in los angeles. We want to do a large remodel, but because of rent control the only option of removing them is to pay them $22.000 each in relocation fees. We were therefore plan...