I am closing on a duplex after the first of the year and have a few questions for the BP community. Each unit rents for $275/mo, but fair market seems to be more like $600/mo. There are currently NO leases in place ...
When doing these. Do you tell the owner up front that you are going to assign the lease option to another tenant/buyer? What if they don't feel comfortable with doing business with the person you assigned the con...
In general, what is standard operating procedure for terminating a lease early?I've seen it where 60 days notice is required, tenant pays full amount for the month they terminate in and forfeits their deposit. HERE's ...
We have our primary house for sale and under contract for $332,000. We just found out (10 days before closing date) the buyers where denied their fha loan even though they are putting down around $200,000. They are ...
Hi everyone, I am looking to properly structure my portfolio in the least vulnerable way. Being plumber that does moonlighting on the side for contractors/homeowners, closely managing rehabs on my BRRR's, and working ...
Hi Everyone - Newbie here. How do you get financing on a home under 75K.I have the 25% down, but talking to a lender that I have a pre-approval from; they don’t loan under $100K for a rental purchase. Looking to buy i...
While out driving for dollars I located a property that appeared to have been vacant for a few years. It took sometime but I finally tracked down the owner. After talking with her she informed me that the property was...
So, I've found a tenant that I like and want to screen them for Credit, background check, etc. What/who is everyone using for these reports. I've looked at Smartmove, but it seems that the potential tenant has to re...
We are in the process of purchasing a 9 unit in South Carolina. Our agent took 10k as earnest money a week ago but just emailed me and said that he needs another 10k for earnest money because the law requires a broker...