Hello Everybody, I need some recommendations on this scenario;Recently purchased a 3 unit, fully rented property, and received 1 of 3 deposits. This is a D property in a B+ area so some abnormalities were not unexpect...
Our tenant just moived out and made several unauthorized changes to our house, including installing a Ring doorbell (which was removed, leaving two large holes drilled into the brick) and installing an outlet and ethe...
Good morning! I am looking at investing in a 4-plex (1st rental property) and am coming up with a list of questions prior to a walk through of the property, so far I've got: rent roll, current documentation for taxes ...
Hey! Are there best practices when buying a property with existing tenants to make sure the owner & tenant get started off on the right foot? I'm curious about your past experiences meeting with pre-existing tenan...
if a prospective tenant is self employed I can’t ask for w2 verification. So I can ask for the copy of taxes. 1) what tax form should I ask for ? 1099? 2) anybody can fake tax form (fotoshop year 2013 into 2018, et...
Looking at online banking last night I see that someone deposited a check from my account that I did not write. It was check number 454 and the next check in my book is 455. They cleaned out the account completely. So...
Good morning. I'm under contract to purchase two duplexes and the current owner says they are not able to find all of the written leases. One tenant told me they had been there 5 years and another told me they had b...
Hello, this is my first post eventhough I am always actively following and reading Biggerpockets. I have a question regarding a rental property I currently own in Miami, FL. I am a long distance landlord and I live i...
Hey BP,What happens when an appraisal is higher or lower than the purchase price?Lets say you put in an offer for a house at $200k, and it gets accepted. Once the appraisal is complete, the value is now $150k. What ex...
GuysI have two tenants applications, not sure what to choose, the credit score is bad, lower than 600 however they some good points:The house is 5 bedrooms and 2 bathroom, two living room and two dining room. $1200 mo...