Hey everyone,I'm currently searching for my first rental property which I plan to fund using full out of pocket cash.Looking forward at future deals, I know that if I would want to apply for any loan, the minimum requ...
hi, my rental history for the last ten years or so reads like the story of a troublesome gaurd dog. i slept at night in the office of a check cashing business at a strip mall; i stayed in the show room of an antiques ...
Do motivated sellers ask for credit history?
I resigned from my day job in retail banking a little over 4 months ago and have been selling homes full time. I was employed for over 4 years. I would like to purchase a 4 unit multifamily home and use it as a primar...
Screening Highlights
City criteria would broaden approvals for people with criminal backgrounds.City to reduce income requirements from 3 times the rent to 2 times the rent.City requirement to provide individual a...
I wanted to find out other LL thoughts about rejecting an applicant due to a history of personal injury lawsuits. He has sued the other driver in two different vehicle accidents, sued a realty company for an injury in...
I hope someone can clarify this for me please. When I analyze a property, one of the things that I do is going to the Indy.gov web page, and check past property taxes . The thing is that sometimes when I type th...
Those who have been in the industry for a few decades, or are familiar with US history- is this the worst time in U.S. history to have a non-paying tenant?On a national scale, has HUD or the CDC ever taken such drasti...
We had a deed-in-lieu of foreclosure about 26 mos. ago. Now we have bought a property with a loan from a family member. We put about 30% of the sale price back into it in improvements immediately. So with a new assess...
Hi BP family,
I'm on the hunt to research the 5 best neighborhoods to target the as a new REI but hit a wall.
How do I know if a neighborhood was a hot area that is now dying down? Our if the neighbor...