Luke H.
Pros: Would you rent to these applicants?
Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...
Jacquelyn Place
My name is Jacquelyn place, from the rural side of upstate ny.
I’m located east of Albany and currently building up my knowledge on wholesaling/investing, im also finishing up on my REA course. I’ve been a hairstylist and salon owner for 25 years I’ve been very successful likely ...
Whitney Breedlove
Cash Offer and then Refinancing
Is it a common strategy to make a cash offer in order to have a more competitive bid and then once you've purchased the home, refinance to get your money back out? I'm thinking this is what I'll need to do in order to...
Logan Koch
Student housing: dealing with one student trying to break lease
Dealing with an issue of one tenant within a student housing property wanting to break the lease and move out. I had a parent call me saying their student and another student living in the property were in a verbal ar...
Nina B.
Is agreeing to rental terms considered a binding verbal contract?
A Father came to look at our rental for his newly graduated college son. I gave the Father a Rental Application as well as an Oregon Rental Application Addendum & Fee Disclosure. The Father dropped of both signed ...
Parteek G.
Are parents a househack?
I am currently purchasing a house and my parents are going to live with me. The mortgage will be ~$1,700 and they will be paying me $1,300 monthly. How can I leverage this situation to buy my first rental property? Re...
Arjun K.
What is best structure for buying and managing property for parents?
I would like to buy 1-3 rental properties for my parents, with their funds. As their money will ultimately come to me, this is sort of like managing my own money.
However, my parents are fairly disorganized. While...
Jeff Bethke
Buy Hold Partnership Structure
Looking for advice on LLC structure, partnerships, location of Attorneys and CPA's, etc for a 50/50 buy and hold partnership on 100% turnkey properties in different US markets.
The simple plan is to go 50/50 with gre...
Anthony Pimentel
How to get into Student Housing
Hi BP family,I have a few SF properties and a multifamily under my belt but still consider myself a newbie. I've been doing some research and found out about Student housing and it really caught my eye. I wanted get...
Account Closed
Living On My Own At 18
Hey BP Community,My name is Fouad Anawis and I’m from a Chicago. If you’d like to know what my REI goals are, they’re in my bio.So basically, My parents are forcing me to go to college and pursuer a major in Biology ...