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I went to a property that's up for sale, it's been on the market for 55 days thus far, was recently reduced. It needs quite a bit of work, I'd say 30K to 45K in renovations, the price is $299, the Realtor that was sh...
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Hello everyone,I already setup a new LLC for several properties that was rented as our family investment property. I have not yet done with filing the quit claim deed but I talked to my lender and they are okay with i...
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I am aware of the Protecting Tenants at Foreclosure Act of 2009 but I was wondering if anyone has had any direct experience with buying a foreclosure with a tenant in it?
For instance, I assume to get protected from ...
Yesterday for the first time I had a potential tenant tell me the she has a felony on her record when I sent her my application. I Googled her name and found out she was convicted in 2015. My unit is in Buffalo, NY....
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Hi
We are screening tenants again. I go pretty much by the bigger pockets formula, some of my main instant declines are:
Gross less than 3x monthly rentevictions, feloniespoor rental historyDogs that my insurance d...
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Hi!
I'm new to the board! Looks like a great place with great tips!
I have a question... I have several friends who, here in MIA, are using promissory notes as an escrow deposit?? With so many foreclosures here, the...
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Hey guys, I'm just starting out into real estate and wholesaling is the entry method I chose to use to get into the game and learn all about the market, the lingo, the bylaws etc...so I've been learning from Youtube a...
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Hi BP pros,
Is it ok to let a renter rent my house if her credit score is 501? I am new and starting my first rental property. Your response is much appreciated.
Sincerely,
Van
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Ok I'm thinking about setting up a Land Trust to invest start investing in Large Mulit-Family in Florida or Georgia. How should I do this? I live in Virginia so I'm going to set up my first LLC here and will make my L...
I have a SFR in Austin, TX leased to a woman who is 60 years old and disabled. Her father is financially responsible for the lease. He called yesterday, mentioned 2 break-ins on the same street and said both houses ha...