So my tenant moved in three weeks ago.  Per the lease, she has 7 days to tell me what wrong with the house after move in day.  A week gone by and I asked if she had found anything.  She said no just minor scratches.  ...

Hi guys, I recently went to buy a rental property and after inspections were done the house only had a 60amp panel which means I can not get homeowners insurance for it. Since I can’t get homeowners insurance I can’t ...

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

Hello BP Community-I'm a new user and future Real Estate Investor in Central FL. I was wondering if anyone from my area would be able to share a Wholesaling Contract template with me that includes a "walk away" clause...

Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...

Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...

Hi Everyone,

I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.

It is also entirely renovat...

Hey everyone,

I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
...

To those who have read my other post regarding this gentleman, here is a bit more elaboration. To preface this synopsis, though, let's be clear that many many mistakes were made on all our (investors') end, so for ...

Hey Everyone,

I'm considering lease options as a future investing strategy and am curious to hear others experience with it. Do the tenants often buy the house at the end of the deal? How long do most lease options g...