What documents do you require prospective tenants to submit when filling out a rental application? I'm planning on requiring photo ID, most recent W2 and 1040, 3 most recent pay stubs.Does anyone require bank statements?

Hello Bigger Pockets Forum,
Looking for thoughts and feedback on the probability of the IRS exercising their redemption rights (during the 120-day period) to redeem a foreclosing property which has ~$1-1.3M of equity...

How do you get the utilities like electricity and gas charged directly to the tenants instead of building it into the rent? I used to live in apartments and I paid the utilities directly without having to go through t...

In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...

I know it's quite common that when the owner of a property gives you full permission to negotiate on their behalf, you might find yourself in contact with some person, who is in turn, representing the interests of a m...

I'm trying to find out if anyone has had luck finding a lender who will allow 90% LTV at a reasonable (less than 5.5%) rate on a second home/vacation home loan. My partners and I are trying to buy a house in Oak Islan...

So I have been getting "outbid" in this market as I am sure a lot have, but what I'm finding is perhaps it's not as much about being outbid as it's being outdone by cash buyers.This leads me to my next question, I hav...

Hi All!I've been soaking up tons of info over the last year and a half and getting my credit scores and savings up to par and finally feel able to pull the trigger on investing. This is my first post to the forum. I c...

I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...

Hi All,Loaded subject line, but here goes...I'm a licensed Illinois Realtor (about 2 years experience) in the Metro East just outside St. Louis, and I'm just about ready (after much paralysis by analysis) to begin inv...