Daniel Teran
First time landlord choosing between three tenants - Pacific NW
I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least. I have it narrowed down to three but am in...
Joel W.
Realistic Tenant Credit Score
Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...
Mark S.
Is This Normal Language in Sales Contract?
After attending a webinar last night with Maverick Investor Group, I was connected with a company called America's Housing Alliance out of Utah. There was a property I'm interested in in St. Louis, MO, so I placed a ...
Edward Callaway
Knowing Your Local Market
Good morning,Newbie here! My wife and I have decided to start our strategy of exiting the proverbial “rat race” through real estate investing. We are currently interested in short-term rentals and buy-and-hold rentals...
Alex Guerrero
How do purchase a foreclosed home?
Im moving to Austin and housing is so expensive I figured this would also cause some homes to foreclose as well, but i see things like pre-foreclosure, shefif, foreclosed. What do these terms mean and what should i lo...
Ki Lee
Where to find high cap rate apartments in class B-/C+ areas
Hello BP. I'm a "green investor" from Orange County CA and I'm looking to do a 1031 exchange for my 3plex in Chicago for a property that can cash flow better. I'm doing research on different MSA to narrow down to 1...
Gerald Pitts
Half of Duplex - Need Roof
In addition to a 2nd rental I'm selling in Nashville soon, I'm selling my half of a duplex aka zero lot line property in order to buy my 3rd vacation rental in the smoky mountains. Seller is requesting a new roof af...
Justin Pierce
Put a contract on my First CarWash
I have a contract to purchase a Car Wash in Salt Lake City Utah. This will be my first car wash but the numbers are just sterling. Who out there has a lot of experience with Car Washes? I'm a little skeptical about...
Kevin Hoff
Backing out of a deal based on bad inspection
Hi everyone,I am under contract with a turnkey SFH. I received the inspection report back and there are some things that definitely concern me. There are foundation issues, minor termite damage, slanted walls and floo...
Kelly G.
Under HUD contract; can I revise bid/offer based on inspection?
Greetings;So . . my offer on a HUD house was accepted; used the 89% rule - Thanks. But just read the "successful HUD bidding strategies" and there's sooo much I didn't know. Using a 'not-so-HUD-experienced" broker (...