Ally Kumar
Inheriting a long term tenant that is paying late but catches up
I am buying a duplex and inheriting a tenant that has been there for 4 years, a single mom. It seems she is usually late with rent payments but catches up within few months. She is otherwise good tenant and keep her u...
Russell Brazil
April Rent Collection? What Percent Did You Get In?
With it being the 2nd, it might be a few days early for everyone to gage this....but Im curious what percentage of your tenants paid their rent for April, and where you are located. I had 1 tenant express that he mig...
Michael Glaser
SBA EIDL Loan Terms | Is It Worth It For $25K+?
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Erik Mogan
No money or credit, plus my job stinks. (Advice request)
Hi y'all! Despite the dour tone of this post, I'm a genuinely happy person. I half-need to vent, and half-need some help. This isn't me looking for a hand-out or a pity party. I need good, solid advice how I can m...
Maurice Davis
My tentant's father just called me to tell me his son is missing and he wants to break the lease?
My tentant's rent was due on September 1st and have not received it. I tried to reach through text and left a message on his cell phone with no response. His father just called today asking me if he had seen his son...
Ladè Baruwa
Landlords.....what headaches come with having C- and D tenants?
What are some headaches that a landlord could run into when renting to tenants in a C- and D class neighborhood? Also, what are some solutions for those headaches?
Philip Johnson
Loan says I got 48 "Debt to income" ratio, what he talking about?
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
Samantha M.
Explaining to New Investors Why "Comps" From Trulia & Zillow are Not Reliable
As the topic states, sometimes when I speak with individuals new to real estate they will often site Trulia and or zillow to pull comps.
Thats not for a general estimate mind you, but for actual comps for the subject...
Bhanu P.
Seller is refusing to sign Earnest money release form
I am in State of Texas and we signed TREC Contract.In Section 7.B.2, we checked the box and the contract is executed, earnest money was left with title company. the text in that contract is below.Buyer has not receive...
Jesse Kindra
Self Directed IRA or Solo 401k
Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...