Paul D.
Tenant Rent Deposits/Collecting Rent
I am about to go from 4 to 8 rental units with my next deal and have been doing fine with having my tenants depositing cash at my bank and can tell which tenant has paid because each house has a different rent amount,...
Stephen Schaefer
How would a Lender see this 3 house Owner Occupied?
I'm looking at a single purchase 3-separate home property, currently used as nightly rentals in a touristy town. One house has 2 units, another has 3, and I'm not sure about the third, but I'm assuming the owner lives...
Makenzi Capezza
Preparing Drywall for Painting after Walpaper Removal
Does anyone have any experience with drywall that bubbles when pained/primed? Just bought our first property and there was 80s wallpaper in the kitchen and bathrooms (yuck). Removal was fair but there was some rips in...
Leland Dunn
selling 2 investment properties this year, TAXES??
Hello BP community, My wife and I own 4 rental properties in Denver, 3 of them single family homes and one is a duplex. This year we are planning to sell one single family home and possibly another if capital gains do...
Joe Schaak
How To Calculate Return on Money
I've heard some people who are flipping homes offering 20-25% return on money when looking for private money. How is that calculated? Are they figuring in points offered as well as the percentage rate on the loan? Tha...
Tony Nguyen
How did you get to your real estate goals with your significant other?
Hello,
I am getting married next year. I have my own real estate investment business and she has her own jewelry store business. A good and bad fact, she makes more money than me =)
Up to now, I've always used my o...
Maria G.
Rented to someone in the medical marihuana business?
I have an applicant who would move in with his 13-year-old son and whose other son (a UC Davis graduate) is going to move to a different region (two hours away). He mentioned that if things don't go well for his adult...
Adam Craig
I am at the point where I need private money for my term loans?
I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
Satha Palani
How do you consider multiple applicants
Hi,I put my house on market Thursday and got a ton of interests. I have been doing my research on BP for sometime now and have been following some best practices.I am asking all prospects to fill out a pre-screen surv...
Bruce P.
No Lien Agreements for Contractors in California question
Hi,I have a friend who bought a single family home in California.I started reading this thread - https://www.biggerpockets.com/forums/67/topics/272019-unconditional-lien-waivers-and-subcontractors - and realized my fr...