Billy P Whyde
A deal without worry?
I am isting a bank property on a manufactured home on 6 acres it is 20 years old will need a new roof, about every wall has been punched through, carpet will need to be replaced, possibly no HUD plate as I didn'...
Sam P.
Bankruptcy or Housing Court
Do you hesitate to lease if the potential tenant has Chapter 7 bankruptcy in their credit report or "housing court" in their background?
Alexander Lang
Tenant screening - Income = 3X rent
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Eric James
Bound to original contract during renegotiation?
I am selling a SFH and during the option period the buyer is renegotiating based on the inspection. I may be getting a higher offer from another buyer, and am wondering: am I still bound to the first buyer's original ...
Carlos Rodrigues
Big Deal on Screening Tenants!!
Good afternoon BP I hope everyone is doing good today. For those who don't know me I sum up who I am and why I'm on BP real quick, then I'll ask my question.My name is Carlos Rodrigues and I'm new to this real estate ...
Jon Klaus
Choosing between two qualified tenants
Candidate one appears pretty good and can move in now. Has rent and security money ready to go.
Candidate two appears excellent, but wants to move in a month. Can pay security deposit now.
Which do you choose?
Chaz Edwards
I need some advice on a property with possible negative equity
Hey guys, I have a question about a seller I’m working with. I found a house D4$ and got in contact with the seller. The house is in good shape, needs A LOT of cosmetic work and some mechanical work. When I initially ...
David Williams
It's NOT a bribe, really. Dealing with opposing agent.
I'm a commercial tenant in an 8 unit building with a short term lease. Someone is considering buying the building. I don't believe it's publicly listed.
I've been here many years and am negotiating with the long ...
Isaac El
Steps of doing a shortsale
I have been making lots of cold calls to pre-foreclosure, and I found one that the mortgage is higher than what the house is worth so need to do short sale. I have never done one before, can anybody share the steps w...
Jason Love
Maybe a stupid question: visit before offer?
I'm looking to find a single family or small multifamily as my first rental property in the near future. I've listened to a bunch of the BP podcasts and attended several of the BP webinars on getting started. I've bou...