Nick B.
Lenders giving conflicting info on a loan for a small apartment
I spoke with two lenders discussing a potential apartment deal and got conflicting info.A small regional bank said they would need appraisal (obviously) and environmental study paid by me as a part of their underwriti...
Alex Ritter
Am I getting taken advantage of on this deal?
Hey all, I'm looking for some advice on my first deal. I'll try to keep it brief. I'm currently nearing the end of my due diligence period on a local rental property I have under contract. After some initial back and ...
Yinan Q.
Is my screening policy too strict?
Just bought our first rental property. It's a single family house and the prevailing rent would be around 1,300 to 1,400.
I ask the tenant to submitt 3 months bank statments, 3 months pay stubs, employer information,...
Christian Lopez
Issues with contractor pushing date
Hi everyone,
I am “under contract” and paid the down payment to a roofing company to replace the roof of one of my properties (more than 3 months ago). Unfortunately, it is already been 1 MONTH since the “due date...
John Dersoe
Form LLC for the rental property?
I'm moving to Tampa and considering keeping my 2 fam in NY as a rental property, and possibly purchasing another rental in the Tampa area. Would you form an LLC for each of the rentals and why?
Sajan Jiva
Home Inspection Advice
First ever purchase so I'd thought I ask for some advice. Had an offer accepted last Friday and the home inspection on Wednesday. From the home inspection we've come to find out that the HVAC, water heater and probabl...
Brent Kiger
Undocumented immigrants as tenants
My question has to do with undocumented immigrants as tenants in rentals. I am considering a small 10-12 unit apartment building a C neighborhood in Kansas City. All the the units are currently occupied, however the s...
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Getting Tenants
Hello Everyone,
I am new to the forum, but I am curious to find out on how I would go about getting tenants? How would I find tenants that are fair and reasonable? What type of questions should I ask? Should there...
Ben M.
Direct mail marketing and bandit signs
Are there any legal issues with direct mail marketing? I’m in Houston, Texas.
What about bandit signs?
Justin Young
Who is/are the most important member(s) for your team?
Aloha BP!My partner and I are in the beginning phases of our partnership but we both know that in order for us to excel in this business, we will need to acquire team members that are way smarter at what they do than ...