Dear BP community,What would you recommend to a first time investor; should he go with a turnkey property which saves time, headache from renovations and brings in a cash-flow from day one or should he buy for cash, r...
I am looking for advice on screening international student tenant applicants. I own a condo in DC near a Johns Hopkins graduate school campus and have had some interest from international students. What are some bes...
I’m looking to start investing in Tampa, FL. BP seemed like a great place to expand my network and hear from others experience so I can make a more educated decision for my first property. Anything helps!
Scenario: you have an applicant that is moving across the country and puts in an application to rent your house and you require 3x rent which is 85k a year. The applicant has a partner who brings in 45k and the applic...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $100,000
Sale price: $300,000
Home was completely renovated cosmetically and partial pl...
Will lenders accept rental income of a house hack (room by room rental) as income to qualify for mortgage?
I have a low cost unit that gets a ton of interest (over 160 inquiries last time I listed it), but a majority of the interest is from unqualified prospects. I like to pre-screen them with an application that I send th...
I'm looking at a deal where the wholesaler is saying he cannot guarantee a clean title. Apparently he purchased at a tax sale. How would one proceed with a deal like this with the risk that the title is not clean? I a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $50,000
Baltimore, MD rehab had it's challenges. However, Baltimore market 2019 is best I've...
I've been a RE Broker in Indianapolis for a long time. More than anything, I would like to warn newer investors not to rely on all of the Zillow data or property values when running your numbers. Some things will be c...