I have a tenant in good standing who has a good job, pays on time, is responsive and responsible. He broke up with his partner (happens) and has a new partner who is moving in. He was very upfront about this and intro...
Hi all, I have an applicant she has 668 credit score and her husband 800. however she explaint her late payment occur on 2017 and all because of debit consolidation company told her to stop payin for all the bill so s...
Hi BP, I am curious the process others use when screening potential tenants to fill a vacancy (with a standard 12 month lease). I own 4 buy and hold units and have a fixed standard I use that weeds out a lot of folks ...
We are getting close to listing our first rental and I wanted to get some feedback on the process steps below. Please let me know if I have anything out of order, or something totally missing. Thanks!1. We will be pos...
Hello Everyone!I have a leak in a hot water line in one of my rentals in Alabama. I've been told it'll cost $1850 to fix, and will require busting up 1-2 tiles, cutting some drywall, drilling hole in concrete, fixing ...
We bought a property in CA at a trustee sale with an existing senior lien under the previous owner's name. Now my title company and I are having difficulty in obtaining payoff amount. By standard, the serve company...
I want to a buy a 2-4 for unit property. 1 to 4 units falls under a residential loan. I spoke to a lender and they were very rigid in their requirements. I keep reading 5> unit properties are commercial loans. This...
LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...
For investors with a business over 2 years old and who have a business line of credit or business loan, are you still providing a personal guarantee? I've talk to a bunch of local banks over the last couple of weeks ...
Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...