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This is my first time doing this so any information will be helpfully. How do you qualify tenants when they apply together as roommates? Example one of my standards is a minimum of a 600 credit score but one has a 560...
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I'm buying my first 2 unit rental this week. A question is come up about the security deposits. The question is, do I need to keep each individual's security deposit separate, in separate accounts? I was talking to t...
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Hey BP,I've read a bunch of posts, and listened to a few podcasts relating to whether or not you should form an LLC for a property. There are arguments on both sides, and I'm still leaning towards creating one. I gu...
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On my journey to reach my goal of purchasing my first big apartment building over 4 units. Currently I own a hand full of single family homes and some multiplexes up to 4 units. 1031 exchanging out of them to get in...
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I have seen many strategies for raising funds for purchasing properties from my research. Most of them seem to pertain to properties with major rehab needed like fix and flips or wholesaling. My partner and I are t...
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I tend to think of a partnership like a marriage, and as such, any partnership decision is based upon potentially being tied to that partner. What about you?
What do you look for in a partner? Are there any perso...
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Hey allI'm looking to see if any landlords in Massachusetts have gone through the process of submetering heat (natural gas). I have a property with one boiler and one gas meter with six zones each with its own thermos...
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I'm considering starting as a buy and hold investor in my home county of Berrien County, MI. But I saw today that an investor in Berrien County is selling his 20-unit rental portfolio. Here's the Zillow listing:
http...
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I had just finished reading a post that was linked to the ultimate guide to real estate investing ( http://www.biggerpockets.com/renewsblog/2009/03/18... ). The post talked about how you should have a business entity ...
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Hi all, I've been reading these forums a lot the past few months, and have sort of gotten to a point where I am lost and need some extra help. Some background: I purchased a rental property 6 months ago with my partne...