Ken Latchers
Accepting Credit Cards for rent
I have been considering credit cards as a payment option.
My BIG hesitation, is a tenant who pays, and then within 60 days "disputes" the charge to try and get out of paying the rent. This is a big problem for some ...
Antonio Marte
Protecting your credit from numerous soft hits? Advice?
Just came back from DFW looking for good deals on buy and holds SFR. We had no luck and will continue to look for solid deals but are now considering other markets. Every lender and insurance company wants to run your...
Brandon F.
Newbie in Need of Advice - Co-borrow with Partner?
Hi All, First time poster and rookie in the real estate investing game. My friend and I are partnering up to start building a real estate portfolio in the Massachusetts area. Our strategy is to start out by buying sev...
Lowell Ash
Securing private lender's position
Does anyone have EXPERIENCE with borrowing from multiple private lenders and securing their interest in the properties that you purchase? I'm looking for a way to give them security in a property that I purchase with...
John Clark
What am I allowed to ask a potential tenant about a past felony?
I have a potential tenant inquiring about my rental but stated they have a felony from 2017. He claims he meets all of my other minimum requirements but wants to confirm his felony wont be an issue before they apply....
Naskat Williams
Bank Wants 10K Earnest Money
My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...
Shayne Brescia
Section 8 in Washington, DC
If I am looking at a condo unit that has traditionally been Section 8 housing, can it be purchased and converted to regular rental condos easily?
Property is bank owned, about to be listed, 2br/1ba x 4 units....
Ivonne Pinedo
Advice needed South Florida market
Hello BP!
I am seeking advice on how to ease long-time property owners' minds on section 8 voucher holders. I am a real estate investor (and rent to voucher holders) and see the value in renting to the right HUD par...
Michael Kline
Discrimination claims - baseless? or should I be losing sleep?
Hello all,I'd appreciate some input. Tonight a tenant applicant accused me of discrimination. There was a miscommunication - I thought he was not interested in the apartment (because when I showed it to him several da...
Idan Narotzki
M2M agreement with PM, legitimate?
Hi investors/pms/good people :)I am about to do my first agreement with PM. I read some property management contracts; In all of them, the agreement was for a YEAR period. How common is to make an agreement on MONTH t...