Matt Turner
Do these sound like good tenants? First Rental.
I have decided to go with a military family to move into my first rental property. Everything went good with the showing and also looks very good on paper. I have ran the TansUnion Smart Move checks on them and i rec...
Marie Eisley
Failed interior insurance inspection due to illegal unit and vacancy
Hello BP, I purchased a legal 2-fam house in the Bronx (built in 1899) with an illegal attic unit that's a finished apartment with plans to househack and live in that unit and rent out the others. Right after closing ...
Shane Bracewell
First Duplex in Ft Worth - Rehab Needed
Fellow BPers,I have recently had an offer accepted (and renegotiated due to unanticipated repairs) on my first duplex in Ft Worth, TX. Below are the details:$174,250 offer accepted on a 2006 duplex (4 br/2 bath per un...
Diego Saavedra
Illegal duplex help
Hello friends.
New investor.
Bought a property in 2022 that was advertised as a duplex. There was a tenant living on one side and the other was vacant.
After living and remodeling the vacant side, I moved into the ...
N/A N/A
Mortgage Fraud question
Hello,
I haven't posted before but read the boards a lot. I have a question that I am sure someone has the answer to.
I am new to REI and met another local investor who I am pretty sure took me for a ride. I made a...
Blake B.
Credit Scores! How much do you rely on information furnished by the Big 3?
Quick back story: I am helping a client find a new lease. Their current building is not renewing leases for whatever reason and so now my client who just gained citizenship last year and his wife, a victim of identity...
Nathan Burnett
Does Missed Closing Date = Voided Contract?
Hey All! Would like to get your input regarding the validity of a purchase contract..Scenario: Closing date has come and gone, because the buyer's lender took longer to process the loan than expected. The buyer and se...
Petr Anisimov
At what price point should I walk away?
Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
Alexandra Kuvalanka
Leaking roof after purchase
I made my very first home purchase in July this summer it is currently my primary residence but will later be used as a rental. I live in a desert area where it doesn't often rain. On September 2 we had our very first...
Levi Painter
What Are The Top Questions To Ask Owners Of A Rental Property?
Hey Everyone, So I am looking at my first rental property this Saturday near Lansing Michigan. I am wondering what the most important questions are that I should ask the owner of this three unit rental property? What ...