I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
I am going out on a limb here, and stating emphatically that NO LANDLORD should EVER pay for their Tenants Water Usage. Do you agree?
Here are my reasons:
1.) Personal Accountability: They use it, T...
Since out of state investors have infected my area and forced up property tax I can no longer afford to keep my rental. The tenants are very decent hard working great people who love the house but cannot, like most h...
hello everyone, I'm a newbie looking into my first investment. I currently have been centering my search in more middle class areas, but the prices are a bit high. my question is this. how is it going into low income ...
Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...
Hello. I am a newbie to the group. Looking for advice - Do I Sell or Hold?I own a home in San Diego CA. I purchased the house in 2015, in a transitional neighborhood for a low price, and the value has since doubled. H...
I'm new to landlording so please bear with me.
I'm closing on a condo in the next month and I'm not sure if I should collect last month's payment or a security deposit. The condo is in a low income area so I don't...
So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
Pre-Foreclosures / Foreclosures fit into several groups and are done under each State's laws. It varies by State. Primarily there are Judicial & Non Judicial foreclosures. Out west and midwest are typically Non Ju...
Some backstory.I have not made my first real estate investment. Still trying to buy my first home for my family but after that's done I'd like to be aggressive about real estate investing. I love numbers but it's hard...