Nathan Frost
Buying a home at 70% the ARV or less.
Hi, I am looking at a deal where the purchase price is at 70% or less the ARV. How could I get with the bank and get this property with no money out of pocket or very little?
Brian Jurvelin
Tenant needs help: is this lease term standard and/or fair?
Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...
Christopher Benjamin
STR / airbnb property spreadsheet
Hello-Does anyone have a deal analysis spreadsheet for potential STR/vacation rentals that they would be willing to share? I began to create one but figured I need not recreate the wheel if someone else has already do...
Carrie Westover
Split Rent payment to accomodate Tenant pay schedule?
Hello.
I am 4 months into my first stint as landlord and need a little advice. Tenant has requested to pay 3/4 of the rent before the 1st and the remainder by the 7th of March due to his paycheck schedule. My...
Rob Smith
Has anybody heard of this
I am being contacted by people that are telling me they can help me with my upside down loan they are saying they deal with the bank and buy the loan for a very low price and then they sell it back to me at the curren...
Dan Vleck
lease modification on day 3
Tenant said on 3rd day after signing lease that we have to modify it because her handicapped dad wants to move in. It's a 4/2. I approved them knowing 5 people would occupy, 2 adults and 3 kids. Can I request addition...
Andrew Thomas Vedder
Offset W2 Taxes With rental losses
My W2 income is 160K. I have a primary residence. I want to buy another home, move into that one, then rent out my current home.
If my PITI is $2200, and rents in the area are $1800, can I use any of the $400 loss t...
Timothy W.
AIA Contracts
Jason did a great blog on contracts: http://www.biggerpockets.com/renewsblog/2010/02/17/whats-in-a-contract-contractors-rehabbing-real-estate/
Wanted to pass one tip along. He mentioned new investors who can't affo...
Melissa Dry
Cash Out Re-fF in Louisville, KY
Good evening everyone! I am just starting out in the REI world, and was thinking of taking a cash-out refinance mortgage on a free and clear home in Louisville, KY to get started buying properties. Does anyone have an...
James W.
HELP! Buying building but not ADA compliant
I am in escrow to buy a 10,000 sq ft commercial investment property in Southern California. The buildiing has 2 floors with 2 sets of stairs going up but no elevator or wheelchair access. Does the ADA require wheelc...