I have an applicant with bad credit, but high income (and under contract). He is willing to be flexible with a lease structure. I would appreciate any feedback on the idea of setting up an 18-month lease with the firs...
This is a question I have always had.......A property management PM takes upwards 10% of gross for receiving the rents. Bills every time for a repair and some add a rider on top of the repair. Bills a substantial amou...
Hi all, new to BP and I fully own one rental with a tenant in place, with another SFR purchase in process that's being partly funded by a HELOC from my primary residence. My plan was to pay for most of the property in...
Say the following:1 I live in a duplex and rent out the other side2 I take out a 0% interest loan/credit card and pay the principle (ahead of schedule)3 I "pause the mortgage" (ie "Mortgage Forbearance")4 I use money ...
I think this is a good primer for anyone in the market for a short term rental. Feel free to jump in and discuss.
But I thought this was turnkey - what's with all the delay? (biggerpockets.com)
I have a question regarding late/NSF fees. I attempted to pay my rent online this month since I wasn't able to get a money order in time to pay the rent. I used their payment portal which only allows transactions dire...
I purchased a condo in NV 3 years ago. The only vehicle entry gate to the complex had 2 methods of operation. One was via a 4 digit code and the other was an entry card. The HOA Website stated the following: “Key ...
Newbie here and I would love some feedback on what you would do in this scenario. Would you Stay-Sell-Rent? We are realizing that this home doesn't fit our lifestyle anymore and we want to pay down debt and start sav...
@Ben Leybovich had a recent article regarding financial statements based off of Robert Kiyosaki's Cash Flow 101 game. He insisted everyone needs to have their own financial statement and play it in the game. (Its ...
So a couple of friends occupied a rental property without a lease, and a 'promise' of a contract for deed situation from the owner. Now let's ignore the idiocy of that no-lease/contract decision. Now the owner is tell...