Whitley Williams
Newbie wanting to flip houses in Houston
Hello. Can anyone tell me how does the whole flipping process works. I’ve been looking around for realtors and talked with someone about getting a loan for purchasing and rehab. My credit score is around mis 700s. Wha...
Mark Forest
Capitalize or expense
I have brought this up on other boards, but I still am not sure of the answer. I am a landlord who has acquired some fix up properties which I will lease to tenants. I have not yet made any of the houses rent ready....
Lacy Tilley
Placing tenants, rents, ocup and occupationsduring the PANDEMIC!!
What is every body doing in terms of placing new tenants? From turn overs, rents, leases and deposits.I just had a great tenant move out as per our lease. The house will be getting a 7k make over. After it sits for 4 ...
Max Lichtenstein
What goes into closing costs
How much are closing costs usually. What goes into closing costs? Commission to the realtor, inspections and what not but what else am I missing. If I purchased a property 500k what should I expect to pay at closing?
Will Vera
18% closing costs to high?
Just need a little wisdom from you guys. Closing on a real cheap property in PA 40k 20% down. Closing costs is 16% of home price. Is that normal??
Jake Mad
12 months prepaid check is it a good idea for borderline renter?
I have a prospective renters, one has a resident score of 560 and the other is 533 both are Co-Signer. I know they are borderline cases but I do want my apartment to be rented. Is it a good idea to request a higher se...
Leslie Kym
Tenant screening, low income, full year payment
A prospective tenant, who is a personal friend of my previous tenant is interested in the unit. They submitted an application, but they don’t even make twice the amount of income as the rent. They stated that they w...
Natalie Kolodij
First, Last, & Deposit?
Hello all, I thought I'd remembered reading that in Washington you can only do first and a deposit? Can any one clarify the law regarding this. Thanks!
Randall Jacobs
Have you ever have a tenant die?
I just found that the single tenant on the lease died about 4 months ago on my property. Any suggestions on do's and don'ts? Yes it has been verified.We contacted the next of kin stated on the lease. She prepaid for...
Joanne Tsai
who screwed up here?
Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...