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So I'm in the end process of foreclosure I believe and I'm not sure exactly what my plan should be after this. I have coworkers suggesting I file bankruptcy because I have a foreclosure on my record and that's what th...
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I'll be honest, I have yet to read the BP book on investing with no or low money down, but from my experiences it is possible to invest none of your own money; but is that only if your credit is good? I'm very young s...
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Hi There,I am finding myself a landlord again after a few years off and researching and familiarizing myself with everything all over again!I just listed a house for rent using Zillow and received one application befo...
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Hi all, I was hoping for some guidance for an issue I am having obtaining insurance. I am starting to rent out my former primary residence, and have been told that because of a September 2021 claim for a non-weather ...
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Hello, I'm new here to BP and my husband and I have been researching and learning as much as we can these last 6 months. Our long term goal is 100+ Buy and Hold, Multi Family Units. We would like to start with at leas...
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We own in a triplex where the rent is $500-600/mo. Should we stick the standard in The Book on Managing Rental Properties? What credit score do you use as the qualification threshold?
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Hi, I'm just starting out and looking into doing some flips. It's possible that some of the work can be performed by a less skilled contractor, such as the painting and maybe the drywall. I was wondering if I should...
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I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...
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I currently pay rent for living on one side of a duplex and the owners are looking to sell their property to me in the next 3-4 months. The property is only 10 years old, appraised at $150k, and they would be willing...
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I'm doing some screening for tenants and one I came about that is interested has more than 5 but less than 10 collections accounts. But credit meets minimum and income meets minimum requirements. Would this be a red f...