Edwin Ortiz
How to choose tenants?
I received 2 applications for my rental property. 1 of them meet the income requirements (about 5x the rent) but after doing a credit check I noticed that they have 2 accounts in collections (under $2k both) and in th...
William M.
NNN Lease Debt Assumption - Here's the details and questions
Property Details:Purchase Price: $9,500,000 Annual Rent: $498,804 Cap Rate: 5.25% Lease Expiration: 2/28/2038 Lease Type: NNN Year Built: 2013 Options: 10, 5-yearGross Leasable Area: 14,534 SFBuilding Class: BLot Size...
Jason Malabute
finding a Key Principal process
I'm working on my first apartment deal. I might need a key principal if purchase price /loan amount is above a certain amount.I was told I should start looking for a key principal well before I find deal. Is this true...
Danny Overfield
Would love some feedback on this analysis
Hello everyone, I'm looking for candid feedback of my analysis on this property. I intend on wholesaling the property but chose to analyze this deal from the assignee's perspective and will subtract my assignment fee ...
Dotun Okulate
How much information can you ask for from a tenant?
Hey everyone,I am brand new to bigger pockets. I recently started listening to the podcast about a month ago. I bought my first property in a C neighborhood in Dallas Texas and found a couple of interested tenants. My...
Greta Tseng
Gardening tips needed: Should I remove the Magnolia tree?
We have a 4' tall Magnolia soulangiana tree in the small front yard of our rental place. (see pic) The next door neighbor has been asking us to remove the tree as it is about 3-4 feet away from their wall and they are...
Travis Buck
What form do YOU use for a denial of retal application
When denying an applicant, what form or forms do you send to them?
Aamir V.
What does a broker opinion of value (BOV) look like?
I was listening to the CRE Fast Five podcast and heard that it’s a good idea to get a broker opinion of value every year.
Is that really true? Do you get one from multiple brokers?
Most importantly what do they l...
Joanne Basecki
HM lender vs revitilization of community
My family (many are MDs working in medicare neighborhoods and doing well with it) taught me throughout the years how to identify buildings for a good professional use. We are mostly from NYC but I'd like to take the i...
Greg Moran
Candidate STR in Shenandoah valley: Harrisonburg/Bridgewater, VA
Howdy BP Community,
Need your help with my first look at a short-term rental (STR) deal. Thanks to @Michael H. Cook we've identified candidate properties that would work well for STR in the Shenandoah Valley of Vir...