I manage all my own properties and screen all my own tenants. In the last year, I have had 5 prospective tenants, all between 34-67 years old who have NO credit history. Is this a scam of some sort? Their names and...
Having a bank account should be a necessity for a renter you may approve. If a renter says they do not have a bank account and will only pay everything with cash, this request could be a big red flag for them performi...
Hello,I'd love some sound advice. I am a newbie in Real Estate investing. I'd like to purchase a multifamily in New Jersey. I don't qualify for conventional mortgage. I was told that I could get a hard money loan and ...
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
I live in Fort Worth Texas and am looking at cash flow options for up coming properties instead of the traditional fix/flip. Lease options, contract for deed, seller financing.....My goal is to create passive income,...
Hey all, need some people to give me their experience and advice on this/these scenarios:We are looking to do more deals in the future and currently have a 26 unit apartment building in our portfolio. Building is 100...
Hi everyone,I live in Honolulu and am looking to purchase a buy and hold rental property using conventional financing somewhere in the Tampa Bay area. My maximum price is about 350k. I don't have the appetite for a ma...
Is the main purpose of owner financing for someone to get into a property quickly and refinance or sell after some brief time. Most of the owner financing I came across have terms with a balloon payment after 2 years...
We occasionally have a legitimate problem with our tenant mailing us his rent check. When the check hasn't shown up after the grace period we contact the tenant and ask if there is a problem and he immediately drives ...
Hello everyone! I am VERY new to this market and other than my house that I "Own", 99% of my knowledge on real estate has been stuffed into my head over the past two weeks from this podcast, the Rich Dad series and Yo...