For experienced investors, in what cases it is okay to waive inspection contingency? Market is so hot like everywhere that we keep hearing agents recommending us to do this for houses that are not in horrible condition

So I am reading The Book on Managing Rental Properties and Brandon recommends taking a deposit within 24 hours of accepting an applicant. I understand the concept I think it's a great idea. The trouble is in Wisconsin...

Hello BP community,

I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.

Does it go straight to the bank? Invested in CD's or a ...

I'm hoping to close on a duplex near the end of this month for 50k cash. The area is lower income, and many of the homes are older (1920-1940's). This property is no exception, it's believed to be built in the 1920s.
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I am in the middle of closing a deal on a lease option agreement. My question is, after the agreement is signed, do I need to purchase any kind of rental or home insurance to protect myself of loss?Couple of facts:The...

I have a rental house I've been trying to sell off and on for many years. There was issues with the roof (shingles blowing off) so I filed an insurance claim. It's been over a month but they finally got back to me say...

I am trying to think of ways to creatively finance a rental property with three tenets. One of the tenets is a doctor’s office while the other two are residential. One of the things I have considered is acquiring a pr...

Hey everyone,Got a question for you guys about SmartMove. So I sent out an application for SmartMove for my potential tenant to be screened. After I put in the address, rent, and security deposit (and my CC details), ...

Does Anyone have a good letter to send to the homeowner so a third party authorization form can be signed so I can do a payoff.. thanks all help will be appreciated

Hello Group,

I have a short sale that was approved, however the bank (via pmi) is asking the home owner to sign a promissory note of $50k. The negotiator told me that we have 2 choices either the seller signs the ...