Live in Texas and have a minor setback with a tenant. She’s had two bounced checks so we asked to pay in certified funds for the remainder of the lease (3 mos). Her response: “I don’t have to. My lawyer says I don’t. ...
This I believe this to be an honest question, is it impossible to acquire large amounts of loans anywhere if you have a relatively new credit card account, and no income for the last 12 months? If it is, then what sho...
Hey guys, I'm interested in opinions on this STR deal in downtown Austin. I've already signed the contract (lmk if you think this was hasty on my part -- would love to know why) and paid some earnest money (I'm long-t...
We had a renter who had to end her lease 1 month early. We thought that since she had always paid rent on time, that we trusted her and allowed her use her security deposit as last month's rent. I know- STUPID move ...
Need some guidance:
A few partners have put up $150K for non-refundable earnest money on a 31-unit apartment to condo conversion...which was paid to the bank this past Friday.
From what the GM just told...
Hi,Firstly I'd like to thank the whole BP community for making a place with such great resources for RE rookies and vets.But I have been wondering, has anyone gotten burned by another forum member? Obviously I wouldn'...
Just Closed on my first property, and I'm feeling like I made a mistake. Bought a duplex for $157,400. My mom will live in one half and I plan to occupy the other. I got a great deal in one sense- My mom supplied the ...
Brief background: I still own rental property and relocated from TX to AL in 2017. I decided to rent a house for a year to decide where I’d prefer to live long term instead of rushing.
Straight to the point: I am bu...
I have been at another forum writing about "creative financing" at the Creative Financing Forum.Here is the intro:It is the spring and I thought I would give a primer on "creative financing" for the BP community.I wil...
I decided to try house hacking with my first Duplex, I'm living on the top unit and renting out the bottom unit. I rented the other unit out on a month-to-month basis in the beginning of March, right before the corona...