Sam Zawatsky
Letter to Tenants for review
Hello, I purchased a property from the tax deed sale auctions this morning and am looking to begin the leasing process for residents that have been living at the house. I am unsure of their status as paying tenants, b...
Zoabe Hafeez
How much is your security deposit?
If you're charging $1500-ish/month for a single family home, is it reasonable to ask equivalent of two months ($3000) for the security deposit? I'm finally at that stage of landlord where I'm committed to better reha...
Stefan B.
DENIED INSURANCE COVERAGE. Advice needed.
Hello BP,So I own two 4plexes in St Louis, MO are and a townhome in Jacksonville, FL which is also rented out. My current insurance provider for the FL property has dropped my water damage coverage last year (no expla...
V Simmons
Hard Money Loans?
I would like to know if my understanding of hard money loans is correct. Based upon the definition of a hard money loans from wikipedia, it is a loan that is secured by the real estate and not the person borrowing the...
J M.
Do I need good credit if I have the cash?
Guys, If i have the cash to invest in flipping homes, will I ever use/need my credit? If so, when or how in example?
Do I have to make an effort to keep it in good standing since I have cash, or I can be without?
Th...
Steve C.
tenant moved out, not paying after damage repairs
Our tenant recently moved out. She didn't pay the last month's rent. So after damage repairs, she owes us close to $3000 after deducting from security deposit. What should I do in this case in California?I see in othe...
Viktor Semenyuk
FHA 203k Loan on a Fire Damage property
I found a property that had fire damage in the attic, the repair costs for the property are estimated at about 126k, the property is posted for 318k. Estimated ARV would be in the ball park of 500k. I was thinking of ...
Leo Quinones
Airbnb Arbitrage in Orange County, CA
Investment Info:
Single-family residence other investment in Westminster.
Purchase price: $1,800
Cash invested: $7,000
1 Bedroom back house apartment
What made you interested in investing in...
Leo Quinones
Airbnb Arbitrage in Orange County, CA
Investment Info:
Single-family residence Rental Arbitrage in Orange County, CA.
Rental Rate: $1,800
Cash invested: $7,000
This is a 1-Bedroom Back House Apartment (House Hack)
What made you inte...
Naveen Desai
Crack in the Wall, Will you buy to rehab or not?
Hi, I have a fairly solid deal of a property, but on investigation found that upstairs wall has a crack like this. What could be the cost of such a repair and if everything else in the house seems OK, would you go ...