@Jon Holdman, would you recommend some type of "Partner Agreement"? is there something out there...general contract form a lay person could write up and have hold up in court? ps love this site!

I am (investor) looking at a deal that’s $600,000. To secure and renovate the property it’s $220,000. I, a very distant investor, will bring $220,000 to the table and the operator will do the entire project. Here are ...

I have the following questions regarding a letter of intent.1. I heard that the bank requires tax returns to produce a letter of intent. Do they need anything else?2. What does the letter of intent entail? Does it sho...

Hello guys! Thanks to all who have helped me on this journey. I am super happy to report that in less than a year of being on BP, my husband and I have purchased our first investment property. As we begin this journey...

Hello, I had closing set today for my cash-out refinance. The attorney/notary never showed up with closing documents to sign & rocket mortgage had already released the funds to my bank account. Did I just gain fre...

Hey Guys

I wanted to get all of the landlords feedback on how they handle the move-in process and move-out process for tenants in their rental properties including, how the process is outlined in a lease, what occ...

Can I require that a potential tenant have verifiable income for a year. So can I say that you have to have had a job for the last year and it has too be verifiable.
Thanks,
Richard

Hi All,About two months ago my tenant noticed a leak and damaged tile in the bathroom. We brought in a repair man plus the HOA brought in their guy, and finally found out that a common water line was leaking several u...

Buying a property cash using hard money. I will issue the lender a promissory note outlining the terms of the loan. I have outstanding a Federal Tax lien that I am trying to pay off. Should I lien the property ...

I've lived in this HOA for 2 years, and have had a generally good relationship with the board members. We are thinking of buying a house and may rent out our present condo. How do you think I should approach the ho...