Matt Rathburn
Smartmove Tenant Screening Question - Cosigner?
This is my first time using Smartmove. The situation is I have a potential renter, she submitted an application and Smartmove and I'm not impressed for a number of reasons, inlcuding: 3 felonies for theft and fraud (m...
Mary R.
Door trimming-How much should I offer
A Friend is taking my four hollow core panel doors to a friend of his to have him trim them to size with his table saw. How much is appropriate to offer him for this work. The fellow volunteered to do it free, and I a...
Mark Beekman
Anyone tried this?
Offer your tenants a 15% reduction on their rent for paying cash up front for the year. They don't have the cash so you have a lender lined up to loan them the money. Even if their credit isn't good and the interest r...
Joe Strickley
Turn Key properties
This is my first post here (apart from newbie intro'). I thought I'd kick off with a question on investing in units with existing leases in place. To me they have an obvious advantage; you can see what the cap rate ac...
Namon Thorn
Possible Deal!?! Comps
Hello BP Fam
I would like to ask your opinions (again) regarding another house here in Houston Tx. The property is a 5br/2bath
2032 sq ft house. The house is currently being lived in by the owner. It needs roof, plu...
Bryan Davis
Complicated potential free house in Texas
I am currently working with the widow of a deceased homeowner and the situation is a bit complicated. The homeowner and his first wife purchased the house but never had any children but the first wife had children fro...
Ronald Luangsisongkham
Receiving a house as a gift
Background story:My parent's went though a divorce and my mom owns the house. She doesn't want it any longer and wants to give it to me. She hasn't lived at the house for two years. Unfortunately, my dad is house squa...
Roy Stange
Creating a reserve for Cap Ex, Turnover, etc
Would it make sense to take some of the money from a loan when financing a new property a create a reserve for cap ex, turn over, etc? When designing my model I planned to build up a reserve over time from the cash fl...
Ty Monroe
house hacking scare...
I want to get into house hacking but I am concerned about one small thing I guess... what if I do something that upsets one of my tenants (like raise rent) and find a brick in my windshield the next morning, or someth...
Nigel Dixon
SHOULD I PURCHASE THIS PROPERTY?
Hi BP world today I found a bank owned 1 BR 1 Bath 700sqft in excellent condition with a Low hoa of 30 dollars monthly and at awesome price i'm a cash buyer investor and would like to add this to my portfolio but i h...