When screening applicants, do you apply the income = 3x rent standard for each applicant, or for all tenants who would be living together combined?
Hello all, first time poster and relatively inexperienced single unit landlord. I’m out here in California and I want to make sure everything I do on my screening process is 100% above board in every way. I’m so conce...
Hey BP community, newbie here. My fiance and I are both excited about investing in real estate and are wondering if you can help us with this-- should we wait until we get married to buy an investment property togethe...
I have a question in regards to me and my wife using our VA loans. So my question is since we are both active duty aren’t we both entitled to our VA LOANS “SEPARATELY” ? I can buy a piece of property and my spouse sho...
I am very new to real estate investing and am looking to purchase my first property in a few months. I have three children currently attending or will be attending BYU and I like the idea of investing directly into t...
"We have had a few interested tenants visit the property on Mulberry. They have 2 young children, no pets, and are relocating. Their credit scores are 554 & 715. No criminal history. No eviction history. She makes...
Here's my situation. Last year I purchased a distressed property and spent the past year fixing it up. I was going to try and sell the home so I can purchase 2 homes that I'm looking at. I'm also engaged and getting m...
I was under the impression that 2 years was an all or nothing rule for the capital gains exclusion on your primary, but apparently that's not the case. Does anyone know if this prorated system was just proposed or is ...
Greetings, all!My fiance has a family member that is willing to sell us a house for way under its current value that she inherited from her adoptive mother, who passed away a few years ago. The house is in a bad state...
Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...