Hello BP,
Have a quick question that google isn't clear about. An offer was put on a flip property yesterday, it was accepted. Earnest money is due by Friday. No walk-through or inspection completed yet, but red f...
I own a few properties (SFR, duplexes) in various states: CA (2 multis), FL (2 multis), TN (1 SFR). All are sole-proprietorship. Some are paid off, others have mortgages.1: How would you structure these in LLCs (I kn...
Quick question. Is it a red flag for buyers when a property is on a rented lot? I may have a deal soon thats on a rented lot. It's a good deal as long as the lot rent isn't a problem, So is that usually something that...
Hello,I have an applicant for my rental property that has a great credit score, but for the last 4 months I see a pattern of 5-10 enquiries per month in their credit score. When I asked about this, they said that , t...
What are the red flags?
Hey guys,So a unique opportunity came about that I've never experienced in all my years renting. Someone in the neighborhood offered to pay cash (or cashier check) for the entire rental lease (10 month lease) upfront....
What should I do if a property looks too good to be true? What questions should I be asking the sellers? Any help is greatly appreciated.
Need help.. I would like to get a loan. But i have one red flag. My credit is good over 670 and no credit cards or loans. Im told I have to wait because of the red flag? Is this true?Please help or guide me.. Thank you
A pipe burst at one of my properties due to the cold weather.I called around to get it fixed and ended up going with a referral from someone at my brokerage.RED FLAG #1: He sounded rushed on the phone, he was in the m...
I have potential S8 tenant with 2 kids (16 yo son and 20 yo daughter). She doesn't work. She and her son receive SSD benefits. 1st red flag - during the phone screening, she told me she has 1 dog. I told her we do...