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I have been looking to buy my first buy and hold rental for about 18 months. I have enough cash on hand for a 20-25% downpayment and a contingency fund. I have an area and investment strategy in mind but when I went t...
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Hi BP!Here's the situation: Tenant moved out and was adamant about receiving the full security deposit back. I explained that I will enforce the lease and any damages, or uncleanliness above and beyond ordinary wear...
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I have a prospective renter who looks good on paper (no prior evictions, stability at job, decent income...) The one red flag I think I see is that he is breaking his 24-month lease after 18 months. When I called th...
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I'm working with a partner and we are looking to find out if a situation would be possible. We would like to partner on a 3-4 unit property where he would occupy one unit and I'd be a non-occupant cosigner. We have ap...
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Hi so this will be my first deal its a great deal but theres a problem because the woman selling the house isn't from Michigan, she's from Illinois. Her brother died in late march he left her the house she's been in a...
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Hi All!
Does anyone have any suggestions on where I can find contracts for my wholesale deal to give to both parities (seller and buyer)?
I am located in Philadelphia PA.
Thanks!
-Timara Marie
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I read an astounding article today regarding rent increases in Prince Edward Island.
https://ca.yahoo.com/news/forged-lease-document-leads-house-204956798.html
Essentially if a tenant leaves a unit and you rent to a...
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Hello All,I was hoping my first ever post here on Bigger Pockets would be a more positive one, but I thought it would be helpful for everyone to hear about my first rental purchase this week.Yesterday my closing went ...
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Had an out of state FSBO request a photo of my Driver's License before they would have a family member meet me at the property...this seems inappropriate to me...thoughts?
Hello fellow investors,
I was just informed about some upcoming FHA regulation changes to the way PMI insurance is handled and assessed. Previously and currently, if you had a 30 year loan with a LTV greater than 78%...