Patrick Sikorski
Auction.com Foreclosure Closing Process
Hi all - I recently won an auction on a foreclosed home in my area. I have not purchased through auction.com previously or a foreclosure all together. What are some things I should look out for during the closing proc...
Richard F.
New Hawaii Law- Income Discrimination
Aloha,https://homelessness.hawaii.go...As has been seen in other States, this has been adopted and is now in effect here.Questions for the Legal Minds here on BP:The current HAP contract is 13 pages, and the Tenancy A...
Carl Gipson
Tenant screening - can I use a report from a different property that's not mine?
Quirky question. Held an open house this past weekend. Received several good applications. Everything out for screening which will take a few days because I am newly-registered landlord. A couple that looks great on p...
Jeremy Jones
Protecting My Interests/ Proof of Funds
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...
Van Tran
Renter with low credit score
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
Jims B.
Buying a property with tenants - no signed lease!
Hello,We are putting an offer on a property with existing tenants. Per realtor, tenants do not have a signed lease. Tenants have been living there for 9 years and didn’t missed any payments to the landlord. I consult...
Thien Luu
Legal to accept only Online rent payment in NJ?
Good day everyone,My tenant gave me notice that they'll move out soon.For my next tenant I am using COZY for my rental services.Can I accept only online rent payments in New Jersey?I'm planning to only accept bank che...
Andy Mirza
Changes to Definition of Accredited Investors
There's hope that the definition of accredited investors will change in the near future. The House overwhelmingly passed JOBS Act 3.0 on a bipartisan basis by 400+ votes. With this amount of support, the Senate will s...
Cassidy Burns
Partnerships and LLCs! Do you start one??
Hi BP,I am purchasing my first property with a partner, well hopefully! Have to get the offer accepted first. BUT, my partner is bringing the money for the down payment and repair costs, I am bringing the sweat equi...
Matt Rothwell
No financing contingency?
I went to make an offer last night, and since I'm wanting to use a 203k loan, I knew it would be a pain in the ass. I asked for a financing contingency as part of my offer, but the real estate agent said they don't d...