Elizabeth Turner
Damaged tub due to Command Strips
I had a renter put 4 command strips in one of the tubs in a rental property. When the renter tried to remove the strip, it created a hole. Patching the tub wasn't an option. We ended up replacing the 30 year tub. It c...
Joshua Ibarra
How to make this deal Happen??
Hi BP! How can I make this deal work? I've got a property under contract for 250K here in Kansas City. I have a private lender who is willing to lend up to 65% of ARV which should be when all done, 400K. Total rehab c...
Bill Fahmy
Revenue Sources on a Single Family Home rental
Hello everyone! I am new to the forum and real estate! We are in the process of purchasing our first single family townhouse (3 bed, 1.5 bath, 1,470 sq ft) which we are going to rent for $1,200 a month. I am trying to...
Samuel Mutschler
Possible Break In
SFH 2 bed, 2 bath. Tenants are related and both over 18. One tenant claims people are breaking into the house and hitting her at night. I’ve asked for police reports, received nothing, went to the house and found no d...
Dilcia Morales
DSCR Docs Requirement
Hello Fellow Investors,I am excited to be under contract for my first STR property, but I am getting nervous about the many things I'm already discovering. I am surprised that my lender is asking me to access Social S...
Greg B.
Allowing Passive Investors
I have people that would like to invest in my rental business, a first for me. We are negotiating an annual percent of return. Right now I am offering a monthly payment for return, focusing totally on cashflow.
The...
Account Closed
Can you buy and sell an option on the same day?
I have two questions about getting an option on a property:1) When you buy an option on a property, how long does it normally take to register the memorandum with the county?2) Is it possible to get an option on a pro...
Francis Faucher
Best way/best bank to build credit for foreigners with ITIN
Hi everyone,I’d love your opinion on the following. I’m a Canadian who obtained his ITIN in the end of 2023. I’m looking for the best ways to build my FICO score.Most likely, it will be a secure credit card, but do I ...
John Volpe
Pennsylvania - accept or reject leases in an acquisition?
We just put a property under agreement. It's a triplex. All units are currently rented, however, I just received the leases from the seller and there were no security deposits or last month's rents collected. Do I h...
Christian Podedworny
How to convince seller with owner financing ?
I am trying to find a strategy that would persuade a multi family home owner to sell thier property through owner financing which would make them say YES!!In most scenarios sellers want security through a large dow...