Michael Weis
Section 8 Processing Delays
We have approved our first Section 8 tenant for one of our units, but the processing time for the housing office is insane. The prospective tenant told us it will take the office up to 30 days just to get the landlord...
Matthew Purvis
ESA letter from new mid-term tenant
Hello BP, A new Tenant just moved in on the 16th for a mid-term rental. She gave me an approval letter from a RN saying she requires an emotional support animal for her mental condition. It specifies a Cat. On her app...
Richard Lovering
What's the #1 MOST important thing to do when starting out?
Hey all! 41 yr old W2 employee in a long standing family business getting ready to start out in REI. What did you find was the MOST important thing you did when starting out? Thanks,Rick
Mark Bills
First Home Purchase | Stalled Deal | Seeking Experienced Advice
Hello BP Community,I am currently in the process of purchasing my first home (duplex, 1 side is renter occupied) on an FHA loan in Vancouver, Washington.I have paid my earnest moneyI was initially given a closing date...
William E.
Hi I'm B and i'm from Houston, Texas
Well, technically, i'm living in Pearland now, but i have owned a few houses around Houston. I'm a full time IT guy that has purchased, rented, and sold a handful of properties on my own over the last decade. I've mad...
Dana N.
Purchasing House - Need Advice About Closing
Hi BP Community,Please advise:I’m in process of purchasing a house with a FHA Loan. History: Offer was accepted on 10/5/17, contacted the mortgage brokers who gave me a pre-approval, they gave me 2 one for conventiona...
Hope N.
Beginner in Chicago
Hi BP! I became a landlord on pure, dumb luck when I moved to Chicago three years ago. I bought an REO condo in Logan Square, fixed up some cosmetic stuff (who in their right mind paints a living room dark brown?) an...
Tammi Bieniek
Turn 4-plex into m2m or sell and buy a STR in a vacation area?
I bought 2 4-plex a few years ago. They have been LTR. gross $2900 each per month, current appraisal is $220. I had pretty bad PM, I finally was able to get a good PM, this year. Now I have caught the STR bug. They...
Hyram Fuller
Trouble buying first multifamily unit.
My wife and I are first time home buyers and are wanting to buy a duplex that we will not live in. The issue that I am running into is that conventional loans require around 20% down and we will not qualify for a FHA ...
Dave H.
$200K cash, where to spend it on a quick flip?
Hey BP friends,It's so BIG...the guy from Australia says to the USA.
Where do I start? Probably at the begining right? I'm looking for a worthwhile flip in the States, have been looking at Detroit and have a great ag...