Hi all - I've heard that it's a good idea to create a "binder" of basic documentation (both personal and related to a property) when approaching lenders about purchasing an existing rental property. I would be p...
Hello,I've just purchased a duplex and signed all the closing documents today. I did an estoppel and the tenant has a lease with the old owner that ends April 2019. I'm assumed--and maybe I'm an idiot for doing so--...
Hey folks,I'm looking for a GREAT commercial real estate attorney in San Francisco. Btw, if you recommend someone and I use him/her, I'll send you a free copy of each of my books! :)Thanks,J Scott
Hi BP!I hope all is going well for everyone. I came across a situation and thought I'd use my favorite source for direction:The owner of the house passed away over 15 years ago and name was on title/mortgage. The su...
I am 17 years old i am in Illinois and ready to start wholesaling as soon as i turn 18 i was wanting to get with and talk to some wholesalers that know something that could help me get started as soon as possible.
Hi, Is there any reason to copy/check a prospective tenant's ID beyond verifying that they are who they say they are? I have matched both tenants to their Facebook page (not new pages) and their photos on their work w...
Hello BP! I posted previously about key management systems, and I opted to go with the Kwikset Key Control Deadbolts. I love the concept of having one master Landlord key for all my front doors, while the tenants all ...
As Mr Brandon Turner mentioned in his book on "Managing Rental Property", we always require our tenants to pay deposit and first month's rent before or during lease signing via confirmed payment such as demand draft o...
I've got a few money people interested in the possibility of partnering with me. They would like to see some type of "write up".
One investor I know does a prospectus with photos of the houses they have completed, ...
Ok I never realized how often I am asked for a copy of my purchase agreement and assignment that I use until a couple days ago. I had a fellow BP member ask me for a copy, so I went and did an email search to see if ...