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Hi all, looking at purchasing first rental with existing tenants. Does anyone know if it is possible to ask/get the agent to prove the current tenant pays their rent on time and has done so for past few months? or am ...
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Beginner question here, what is the right method to peruse a house using a private loan. I need a proof of funds letter to show the seller / seller agent. What does this letter have to say? I heard you can use a pictu...
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There is a property listed that states "buyer agrees to cooperate in a 1031 exchange". I am semi familiar with what a 1031 exchange is but could use some clarification as to what it means for me, the buyer?
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Hello,Closing in a house and the lender is asking for "proof of funds for personal property". I hadn't heard the phrase before. Calls to the lender have gone to voicemail. Can anyone explain?
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Hello BP, I have a sports organization that is interested in renting a SFH from us to house some of their players in.These are semi- professional players in the 25-30yr old range.The organization will pay for rent,...
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I'm brand new to the tenant screening experience and would like your feedback on a pair of prospects who came to my last showing.During the conversation, the two young ladies mentioned they have been roommates for yea...
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Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
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Alright everyone, well long story short I am buying a personal property at the moment. Earlier this year I cashed out enough bitcoin to pay off a car loan in anticipation of buying a house. At first they simply asked ...
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Hi BP -A friend bought a home about a year ago and in that time discovered the neighbors are drug addicts. With the addictive behavior has come vandalism, discharging of firearms, threats of violence, etc. to the poi...
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I am in the process of purchasing a mobile home from an individual who still has a mortgage on the home and have a few questions about the transition purchase process.
I will be executing a bill of sale, sellers dis...