John Hixon
Check My Numbers Please
Looking at a potential flip and would appreciate an extra pair of eyes on my numbers.Purchase: 161KRehab: 35KARV: 245KTaxes: $2,500Loan: 9.99% w/ 4 pointsEstimate 90 day holdRealtor fees: 6% - hopefully just 3% but pl...
Jason Reynolds
Background and Criminal checks
I have never done one before and am looking to rent my single family house. How do I go about doing these checks for possible tenants? Looking for a website or something that will do these checks for me. Something I c...
Michael Mixon
Double check my math?
I'm using the "Multiunit/Cap Rate" method to determine the price on a duplex. Stated annual income is $9,600. Using the 50% rule, I'm expecting expenses to be approximately $4,800, giving me a $4,800 annual NOI. At...
Herman Ryals
Atlanta Rookie checking in
Hi All!Just joined the BP community today and wanted to say hello. I was born and raised in Atlanta and graduated from Georgia Tech last spring. I am temporarily living out in Arizona until the end of the year, but as...
Monica Flaherty
Background Checking on Employees
I'm in the process of hiring for my team, and want to do some background checking on applicants for my property manager position.How have you done background checking for these types of employees?
Justin O'Malley
Deal analysis gut check
Hey BP!I’ve finally saved up enough to have a shot at getting in the door in the Denver real estate market. I found a place in the SW corner near Ken Caryl.I know this property won’t cash flow on day 1 but it should s...
Jason Robinson
n00bie here; opportunity check
I'm interested in REI as a long-term passive income for my family. (Computer nerd by day) I'm located in Northwest Arkansas and have lived in the area my entire life. I was raised by a tradesman; have seen some constr...
Donald Dye
backround check for rental
I am renting to a couple, do I do a background check on both or just the one who signs the lease? Using Rentprep, first timer.
Vandana Arora
Renter's Credit check report
Hi,I ran credit check for first time for rental application. Need guidance to what to focus on that report. Received comments likeRecency of a balance overlimit on a bankcard accountNot enough available creditToo many...
Curt S.
Best Online Checking Account
I've just become a brand new landlord and my lawyer is telling me that I need to place the security deposit I received in a separate account.
What is the best online account for this purpose? Ideally one with zero f...