Hi everyone, beginner landlady here; i am renting out my condo in NJ and found a tenant who is a student. His parents will be his guarantor and i was wondering what documents i should ask from them? Typically from the...
Can I use a solo 401k to buy my primary residence and turn it into a rental? I'd be buying below appraised value but in line with wholesale offers so as to not personally benefit. Thoughts?
Title says it all. I have someone who reached out from livesmoves.org with a client who is employed, but is currently living in a homeless shelter, and the past residence he was not named on the lease (i.e. it was on...
My name is Ken I am a sergeant with the NYPD I live in long island, NY. I'm married with 4 children and looking to get into the real estate industry to provide for my family's future. I currently have 3 small single f...
What the actual heck is going on in some underwriting departments? Does anyone know why a lender, who initial told us we could pull $159,000, then countered with $99,999, then countered again with $20,000 would do thi...
I have a renter asking me how many nights a month a guest can stay the night without being on the lease? I know this probably varies state to state (I’m in Illinois by the way), but is there an average? And is this a ...
Hi everyone
My friend is a landlord and currently has his tenants helping out with some of the administrative property management tasks. In return, he provides these tenants with rent reductions. I wanted to see if a...
We have 24 units and are constantly getting calls that the drip pan is overflowing and unit is not working. When we send a tech out they usually find dirty coils and a dirty filter if there is one at all. I am going t...
So my husband and I have a little chunk of money in our 401k as well as some money saved. We plan to house hack our first purchase with the BRRRR method. Should we borrow from our 401k to make up the rest of the down ...
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...