Ryan L Grinstead
Standards for your tenants. What are your minimums?
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.
David Zimmer
House hacking with an investor
Curious how the financial arrangement is made if someone, for example, buys a duplex with investor #2 but only investor #1 lives in one of the units. Assuming both investors fronted equal amounts for down payment, clo...
Greg C.
Unusual Tax Lien Auction Requirement
Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following:
P...
Barrington Webb
Ideal Seller Finance Terms (For Buyer/Investor)
Hello Family!I'm considering using seller finance to acquire my first property. Do you have any advice on how I should negotiate the contract? Also, what dangers should I look out for?
Kenya McCormack
Colorado Wholesaling Purchase and Assignment Agreements
Hi All,I viewed the RE contract form 'CBS1 Contract to Buy and Sell, Residential" on Colorado.gov. It is very lengthy. I have viewed the purchase agreements and assignment agreements on BP. Do any Colorado Wholesale...
Keith B.
Primary Residence Jumbo Loan need help
This is my first post on BiggerPockets ever. I've been a member for a while, but I've always just come to research and read. I am a business owner, I pulled a salary and a K1 disbursement every year . On top of...
Jake Drappi
RENT CONTROL QUESTION FOR NEW JERSEY
Hello BP,
I am looking at a property in NJ and starting to get a better understanding on how rent control will affect my investment. The town I am looking for has some information posted, which I came across, but can...
Cat Whipple
Section 8: Pros and Cons?
I'm looking for my first investment property and am curious about Section 8 housing. I am wondering what people who have done it have to say about their experiences with it.
Amber Smith
Who gets security deposits when buying occupied multi unit?
Hi Everyone! I am in kern county, CA and in escrow on my first 4 unit property and currently 3/4 units are tenant occupied and am wondering if I should get those 3 security deposits from the seller upon closing? I spo...
Xin Z.
Do I need an attorney for insurance payment to lender
My property was destroyed by tornado and considered a total loss. I bought the property a couple of months ago using hard money. Now my insurance company sent the payment to me. The check needs to be endorsed by both ...