Diane Savoian
What is an acceptable tenant credit score?
First time landlord working with a property manager to rent a large, very clean, single family home in a Los Angeles suburb. What are acceptable tenant credit scores and requirements for cash reserves? I see that my ...
William Hall
Complicated Legal Issue For
I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...
Bryan Hancock
Vacant Land Tax Deed Bid In Texas - What To Do About IRS and State Tax Liens Post Purchase
We have been negotiating with a seller for a piece of land we intend to develop (if purchased) in Texas for several weeks now and I don't think we'll get a contract. We are gearing up from a procedure standpoint to b...
Chris Johnson
Selling our rehab business as a going concern
I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...
Raphael Cuthbertson
Land and New Construction financing
Hi folks, Got an opportunity to pick up 5 lots in existing neighborhoods from same seller. Seller has been building houses but will be returning to Medical School in July of 2016. ALL TAP FEES ARE PAID.He will give ...
Scott T.
The Legality of REIs Paying a Finders Fee to a Realtors, etc. ???
Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
Collin Hays
"No bookings for February"
"I have no bookings for February" (biggerpockets.com)Looking forward to thoughts on this!
Account Closed
Step by Step Subject to Existing Loan
Hi everyone,
So I understand the basic concept of a subject to agreement, where the seller agrees to sign over note or deed to the buyer, and the buyer begins making payments to the existing mortgage in lieu ...
Adam Rose
Looking to purchase my first AirBNB in Panama City Beach!
Hello Everyone,I'm looking for a bit of guidance. I'm interested in purchasing my first AirBNB property, and have found a place I think I would love to invest, Panama City Beach! I've visited the area a few times, and...
Julia Puig Jordan
owner financing - first time
Hello,
i have a property in Houston market up for sale or rent and think about adding owner financing as well.
The house value is $ 185.000.
How much would $ you recommend for downpayment, for expected appreciation...