Hello BP world! I have been considering writing an article on this topic for some time, so here goes. Full disclosure: I am an active real estate investor who has performed various flips and I own some rental propert...
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
I own several single family rental homes in Spring, TX, and I think my current property manager is ripping me off. The PM charges a 10% monthly management fee, plus a $350 annual lease renewal fee, plus 1 full month...
Background:I am currently married with 2 kids, (Ages 2 years 9 months & 4 months) and am at a crossroads for the future. My wife and I both have GEDs, with me having about 3 quarters equivalent of college credits....
New Landlord, and considering a bedbug clause to the lease. Heard it is something good to get into the lease, and that tenant pays if they bring in bed bugs during their lease.Does anyone have a clause that they are ...
When do you make tenant pay the late fee when you charge it? Do you let them carry a balance and pay by the next months rent? I am specifically speaking about single family. So if the pay the rent but it is late and ...
Hey all! I reside in Southern California and could use some advice about my security deposit.I put down a $2200 security deposit and received my deposit back yesterday. We had resided in the apartment for 5 and a half...
I am very very new to this. I have an opportunity to be in a deal with some people who buy and flip and wholesale, they are very successful people. They offered me a deal were I can invest 30k @12%. my money will ...
I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.
The loan package consists of a 6 month IO const...
I've copied a facebook conversation below. This is the only renter or TB that I am friends with on FB - I normally don't do that. But, with this one it has given me some insight into their spending habits. The back...