Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
Hi, As an architect, I was approached by the building owner to help increase the value of their building and create a cash flow. The current value is 500k (the Owner has 400k ballon in 18 months), and with 150k remode...
Hi there,
I am currently a third year student in my undergrad at a university in Toronto, Canada. I am originally from the midwest and I plan to go back (I don't know exactly where yet and am flexible) I wanted to ge...
We are under contract for $68k SFH. Inspection came back and I estimate $15k repairs (which includes $5k for two trees to be removed hanging over the roof, and $5k for a back deck that is wood leading to concrete stai...
If there is nothing in our HOAs about short term rentals, do we still need to ask permission to start one? Also, can they rewrite or add an addendum about not allowing short term rentals at a later date?
I have had a tenant call and tell me he will be paying his rent 2 days after Rent is Late. (Late on the 6th, says he will pay on the 8th). I have told him he needs to pay by that day and pay the late fee. If he fails...
I am currently in the process of purchasing 5 properties from a friend of mine for $45,000. Now these properties are in the condition that you would expect a $9,000 house to be in. Currently all 5 properties have rent...
This post is inspired by three deals in Spokane, WA that I found in the last month, all of which I would have jumped on, that were all-cash fix-n-flips. Since I am new I do not have a large pot of cash to use, so I am...
Hey All,
I'm a big proponent of the BRRRR strategy. I started acquiring my first personal units last year & am now up to 6 single family units doing BRRRR the traditional way. Getting my cash back out of each d...
Hello!I'm trying to come up with other ways to fund my next MFH purchase. I have some cash on hand which might be enough for a down payment but I also don't want my money tied up to one property. So I was wondering ...