We have a STR managed by a property management company. They have been managing fine, although not too busy, I guess because of the market. My question is when we see the monthly statement on the management company’s ...

Hi all,We were supposed to close on a property in Indianapolis yesterday. The property is a short sale so the bank needed to approve the HUD statement but didn’t until it was too late to be able to close yesterday. Th...

We got an application for a single family rental which is in Dallas. The application is someone with an address from NC. The job location says NC. They are currently in Dallas. They submitted paystubs and bank stateme...

My property manager handles the majority of my repairs, etc.  Occasionally I will pay some outside bills, etc.  Any recommendations for how best to handle that in terms of tracking? Quickbooks for me (property manager...

Hi all, I have a question about Proof of Funds acceptable to banks in REO all cash offers. I've always used a bank statement figuring that is the only POF banks will accept on cash offers.But, I have a friend who rece...

I have been reading a lot of new investors' posts where at some point in the post they write "I am interested in..." or "I am highly interested in..." and then proceed to name the strategy that appeals to them. While ...

I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...

Hi Everyone,
I’m new to the BiggerPockets community and excited to connect with all of you! A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as...

Hi everyone!  When making an offer on a MF property, is there any way to verify the rental income that the seller claims to make on the property?  Is it appropriate to ask for tax returns?  This is a small 8 unit prop...