HAPPY FRIDAY BP!!!  I am under contract on my 1st investment property in what looks to be a C class neighborhood.  The court I'm buying on is fairly quiet, not as congested as the rest of the neighborhood and clean.  ...

When my wife and I have rented places for ourselves previously, we only ever payed a single application fee. However, the prevailing logic I've researched says that each person over the age of 18 living in the house n...

I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...

Hi there - Been thinking about ATX for some time now and I wanted to see if any one could dumb down the unrelated persons law for me in Austin, TX. Below is copy and pasted directly from the city site. SO - six people...

Hi,My question is:  Is there a place that I can find a  timetable chart that tells the standard time it should take someone to clean up vacated units.  My caretaker at one of my apartment buildings takes 3-4 days to c...

Anyone know of a phone recording device that I can use to record calls that I'm making as part of my revived journey. I use Skype for all my calls and I thought it would be great to let others listen to my calls wheth...

Hi All -I have a family member doing some handyman/property management work for my portfolio of properties in NJ. For example, he cuts the lawns, fixes things that break along the way (shelving, doors), and will also ...

There's hope that the definition of accredited investors will change in the near future. The House overwhelmingly passed JOBS Act 3.0 on a bipartisan basis by 400+ votes. With this amount of support, the Senate will s...

Is it possible to get a loan for a down payment on a property? Maybe a private lender or possibly another bank?
If anyone has used this strategy, what are the pros and cons? Is it even legal?

Hello,Do you contact references to pick between candidates or do you only do it as a last step once you have picked the ideal candidate? In general, are there any good strategies to choose, besides gut feeling :)Thanks!