Hello, I just purchased a fixer in INglewood CA. A fourplex, which was build around 1940. We are about to start the rehab process in one of the units. The contractor I talked to today didn't seem very worried about...
I just got a new investment property, there is this potential tenant, single parent with four kids, the eldest daughter is 24 yrs old, the tenant was upfront about a rocky credit, but when I ran the application the c...
This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
Hi BP,I currently have 4 rental properties with mortgages under my name. I am looking for my next property, but would like to finance it under the name of my LLC. All my LLC has is a credit card. I only have 1 year...
I am looking to find a loan that I could put 10% down on for a rental property. For personal homes I know you can do as low as 3.5% with FHA but when it comes to rentals I've heard 20% to sometimes 25%. I found a lend...
Hello, everyone!
I recently learned from a neighbor that one of my inherited tenants is planning to move in three additional children into her apartment. According to the lease, only individuals listed on the lease a...
Hello BP family. I acquired my first property in 2019 just before the pandemic. My home is in a good location in Atlanta, 5 min drive from Georgia Aquarium, Benz Stadium, world congress center, Georgia Tech etc. I wan...
Please share your thoughts on the good, the bad and the ugly of Section 8 rentals.Thanks
As a property owner, you are responsible for 100 percent of the clean up! Cleanups of labs are extremely resource-intensive and costly. The average cost of a cleanup is about $5,000. This is if you are lucky!
Clean ...
Hello BP community- I am a physician and novice investor born and raised in Silicon Valley. I've witnessed my own parents invest and manage rental properties since the 70s. I would help answer tenant calls, help da...