Nicholas Potocki
Renting to unmarried (dating) couple
I have a house that will be listed for rent soon. There is a unmarried couple that is interested in the property. They have qualifying combined gross income of $7,000, good references and landlord history. They have b...
S Harper
tenant application questions
We have only placed tenants 3 times, with one of them not working out very well (so I am gun shy).Ā There are enough small things that bother me that I thought I would seek input from more experienced landlords.Single...
Christopher Brumfield
Can I get a single mortgage one two properties?
So I am pretty new to this, and I am buying a primary residence. The sellers daughter has a mobile home (in very nice condition, actually) that they planed on having moved off the property once their house build is co...
Travis Gregory
Another new investor from California š
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Howdy BP community! My wife Michelle and I recently came across the BP website and some of the videos while researching real estate investing. Since we're not mega millionaireĀ investors, the California market is mostl...
Jeffrey Cervi
Passing real estate down to kids
Currently own a 2 bed 2 bath condo as a second home. Daughter lives in one half, and we use other half as place to crash when we are in town. Looking to transfer ownership to daughter while minimizing transaction cost...
Scott Tumath
Rent to family member or ?
Here's my situation. I have a 3BR 2B single family rental built in 1976 with the same tenants for 11 years. The property is in need of upgrades ( windows, siding, concrete repairs). The interior is very dated and need...
John Jamin
Rent, Buy Town House/Condo, or Buy MFH
Hi all,I'm 35 years old, married with a 10 month old daughter, and living in NY. I work in Long Island NY, and I have a studio apartment I rent for $1500 which includes all utilities. I make 143k a year (minus the hug...
Ed McIver
Tenant move out and her mother moved in.
It seems a troublesome tenant has decided to move out. ButĀ her mother and mothers boyfriend hasĀ moved in. I am reasonably happy to be rid of the original tenant. She always difficult. However, now I have two people wh...
Allende Hernandez
Need advice on my first contract
Hello guys,I have a motivated seller living OOS that has a house in Kissimmee, FL. She is willing to sell, we already agreed to a price and all but.......she has a daughter living in the house that would not leave, ta...
Eric Horvat
Sharing equity existing mortgage.
We want to sell our home and use equity (estimating $250,000) to help daughter save money on interest.Ā This is a 2nd home (morg bal $490,000) she has tenants now but we would live in it rent free while she pays taxes...