Malcolm Gordon
Pre-Payment Penalties - Why Is This Not Often Discussed?
Hello BP,I would like to touch on a subject which I have never come across in any of the books I've read nor often discussed in the BP forums; yet I believe its is a very real thing from my understanding and appears t...
Tom V.
Tenants interested, smartmove not helpful. What would you do?
I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
Ryan Monier
Potential tenant wants to pay 1 years rent up front!
I have a potential tenant that would like to pay the entire years rent up front. I have already screened tenant through an online service and was wondering why would tenant give me over 15k instead of paying monthly...
Jim Peckey
Going through Refinance on our 1st BRRRR - closing costs review?
Howdy folks,Greetings. We're wrapping up our first multi-family BRRRR project and finalizing the cash-out refinance process now. We're expecting to close next Monday and just received the closing disclosure statemen...
Hisashi N.
How to minimize the risk of unpaid rent ?
Hi we have been managing 15 + rental properties (SFR) and been to eviction courts numerous times, but have never been successful to collect unpaid rents.I understand following ways exist to collect unpaid rents.1. Get...
Vonnie Bradley
Best Property Management Software?
Hello Everyone,Please recommend a great software for landlords. Thank you.
Bobby Gill
Need Guidance: Hard Money Lender Quote
Hello Everyone! First time using Hard Money lending. I need your advice to see if the terms are fair from this local hard money lender. The want to set me up with a $500,000 LOCPersonal guarantee -Interest: 9.99%-90 d...
Frank S.
Chicago House Hacking Frustration
Howdy, I find this forum to be an excellent source of information! Thanks ahead of time. I've learned a few things as I explore diversification options in real estate. I need to learn much more.Over several months, we...
Joshua Cartagena
Property manager questions
Hi BP,I hope all is well. I was wondering what questions I should ask a PM if I'm interviewing them. These are the questions I got so far
1. How do you find and screen prospective tenants?
2. How and when will you c...
Franklin Marte
Down payment assistance programs
Is it a good idea to use a down payment assistance program? I want to get a house and I don’t have quite enough for a down payment I’m trying to think of ways to come up with a down payment I’m planning to use an FHA ...