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Quick question on the subject of private money.
What are the typical terms in years, rate, amo schedule? Need help to know what I'm up against when trying to raise capital for a deal.
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My previous tenants who left in March, 2023 violated lease on multiple occasions. Biggest issue is that they kept 2 dogs without notifying me who seem to be peeing in the house for a long time. Loft and stairs have th...
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We rent out shared apartment for college students (rented by the bedroom) one of the tenants I guess is about to have a baby. Now our terms is one occupant per bedroom, for example if boyfriend and girlfriend wanted t...
Hello - I am about to reject a tenant based on income (applicant's income is 1.8x rent). My listing says 3x rent required. I want to to be as polite as possible - if I say "unfortunately you don't qualify based on in...
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I want to know if I am entitled to a denial letter if I am denied a DSCR loan. One week before closing the lender decided that I had not owned the property long enough. They said for me to come back in 3 months, becau...
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What do you all feel about purchasing property with a pool? Is it worth the maintenance and all the extra costs? I'm in the process of purchasing my first property and initially it will be my primary residence. I plan...
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Does anyone want to try it? No charge. Only throwing it out there because I'm still yet to close on my first STR.
Fair warning: I haven't tested this at all. Could damage bookings for whatever time window you leave ...
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Hey BP- Quick question, we want to spruce up the cabinets in our rental (they’re the traditional light oak cabinets). The cabinets are in good condition but I’d like to change the color to give the kitchen a facelift ...
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Had an idea recently when looking at houses that have been on the market for 180+. Many of them seem to be priced right but could use some freshening up. My thought is, is it possible to go to the owner, have an agre...
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I wanted to ask the experts here how they go about doing due diligence on a property. What is your process and what I should be looking out for?
Thanks,
Chanel