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How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or c...
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I am just starting my search for my first tenants of my second rental property. My first property has been rented by family and has been a breeze. I am now moving onto a property that family won’t be living in. The to...
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Hey BPers, after looking into this particular service(wholesaling) I ran into two issues early on and I was wondering if any one had any experience with this issue and/or advice about it:
1. When Wholesaling ...
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Hello-I am in the process of closing on my first multi-family rental property (two family). I now need to start focusing on managing the property. What is the best way to generate a lease or rental agreement? Do you s...
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Hello,I’m purchasing a sfh in kingman, AZ using BRRR and need to get the lowest rate possible when I refinance to make this deal work. home purchase: 121krepair: 29kARV: 230k What is the standard DSCR loan rate right ...
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Every home purchase I have made has been with the assistance of my Realtor. If I come across a good for sale by owner (FSBO) what do I do? Do I download a purchase agreement from Legal Zoom and always have it availa...
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I initially had citizens insurance approved. They are now going back and cancelling my policy as they said the roof was not satisfactory after reviewing the pictures. In case I can not fix the roof in time, I would ne...
I'm currently doing my due diligence on a multifamily that's located within a college campus. It's current tenants are not students but my plan is to replace the tenants with students within the year after purchase. ...
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Dear BP members - on my lease with the below clause, it says 90 days notice. I explained to him that it works both way - meaning that landlord will have to give the notice to tenants 90 days notice if not renewing the...
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What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.