Do you always verify tenants income? Is it necessary asking your prospective tenant to provide proof of income, like a bank statement and recent paystub? And require that the applicant provides you with 2-3 employee r...

Ok so let me start of by saying that I'm know to investing and I have never posted on BP before so here is to getting started.  Lately I have been learning about Multifamily investing and trying to read up and run num...

If you acquire a 3-4 unit property and there are tenants there already, what is the best legal method you have done to remove them so you can pick your own tenants base on your screening methods. Reasons I ask:1. I do...

Hello. So I have a few buyers that are interested in a property and the communication is through social media. My question is when a buyer approaches me with interest what should the process be? At what time should I ...

My contract with my property managers requires my approval for any expense over $500. For the second time, an expense for well over $500 has been payed without my consent. It was in response to a potential emergency s...

Experienced VR owners - I'd love to hear your tips/tricks for furnishing a property in a manner that is cost effective while still appealing to your target guests.We spent way too much (IMO) on furnishing our first VR...

So I was at a recent REI event and I ended up winning a free 1hr mentor session this upcoming Friday with the co-founder and managing partner of a large wholesaler. Being the newbie I am, I would like to reach out to ...

Hi everyone,I have a few questions about moving in a tenant. I have my first tenant moving in tomorrow, and have compiled a folder of documents to take with to the lease signing, and was wondering if you guys had any ...

Has anyone had to give a down payment when submitting your offer on a REO? an agent told me banks are requesting down payments.

Thanks,

BP Community,
Since the government's stimulus package for 401k investors has come out I've been thinking about taking money out of my savings and either paying off my high-interest mortgage or simply buying another ...