I am new to BiggerPockets. I’ve been doing property management, building fixing and holding for near 40 years - the last 20 years independently. My wife and I are retirement age now. She wants the security now of a fi...
Your Real Estate Deal Won't Be a '72 Pinto: Follow This Advice!Stephen Covey, famed author of "Seven Habits of Highly Effective People," claimed an important habit in achieving success was to "Begin With the End In Mi...
I've been in business for 2 years, and have reached the point where I've consistently been remodeling at least 2 homes at any given time. My average is 3 homes being remodeled for rental or flip at any given time. Tha...
We listed our latest flip in San Antonio 42 days ago. The realtor is doing a good job of showing the house with some decent traffic, we've done some staging, it is in the desirable Alamo Heights neighborhood, and ...
So I have been using PropStream to generate my own customs lists of motivated sellers, I have been looking for failed mls listings, tax delinquents etc. does anyone know a better list or where to find a better one? I ...
Hello All,A friend of mine is purchasing his first investment property. It is a 4 family property about to go under contract for 350k.I am wondering if it is wise to put down 20% or the minimum of 3.5%. He will be own...
Had a potential tenant/roommate once ask me to rent a room $250 bills paid. Laughable price, and a part-time job flipping fries could afford more than that. And, of course, the whole "they're making unreasonable reque...
What financial qualifications do you consider when evaluating a tenant? Minimum credit score? Income multiplier (compared to monthly rent)? Debt:Income ratio? Other?
Mortgage companies do this all the time , lower credit score , you pay a higher interest rate , pmi etc. Now lets say I advertise my house for rent on the low end with a disclaimer. " rental rate based on a credit ...
Hello fellow BP members, I am in need of some urgent assistance and advice regarding a 5 unit complex I own that has one water meter that I pay. One of the tenants seems to be upset at the world and now causing numero...