Clifford Merritt
Are there credible resources, best practice to screen tenants?
Hi BP community,Just joined and ready to make the plunge and purchase my first MFH property. However I don’t know how to prepare to navigate existing tenant and the vacancies. I plan on using the lease forms in BP but...
Meghan Mack
New York State Practicing Real Estate Without a License
Is it illegal to practice real estate without a license?I am currently in the middle of my NYS 75-hour course. It seems as though once you are licensed you are limited to working under a broker, but if you are unlicen...
Account Closed
Best Practice Question: 4 Friends Moving Into Our Rental
There's going to be a group of 4 friends (girls, recent college grads) moving into one of our rentals. Is it better to have each of them sign a lease or pick a single signer to manage the group? Simply wondering what ...
Cody Scholberg
Anyone have PRACTICAL experience with Land Patent/Allodial Title?
as far as im concerned, i don't own much until this degree of ownership is achieved.
Pavel Bennett
Practicality of operating a nonconforming 3-5plex on Oahu
Hi folks!I see this a lot in the listings that meet my criteria: "Number of bedrooms/bathrooms does not match tax records. Buyer to do own due diligence. Sold as is."I'm looking for a parcel of land that has structure...
Ryan Burnham
[All You Can Analyze Weekend] Deal Analysis Practice #5
View reportI missed yesterday, but I'm up late for Deal Analysis Practice #5.Andover, MNhttps://www.biggerpockets.com/.../064a3b34-13d3-48e0-88df...Purchase Price $320k (20k above listing price)20% down74k initial cos...
Dieudonne T.
practice analyzing deal # 13( slowing running out of deals )
Price 1% rule =desired rent145,0000.011450* slowly (will start looking at past deals.) Des Moines, IA 50316price 145,000closing co 2600monhrent 800.00house hacking duplexrepairs2000cosmetictotal cost150,865 L...
Andrew Shrout
Best Practices for validating pro-forma from long distance?
Hi guys, I'm a new investor. I manage some stuff out in California, but I'm looking to buy some more property out of state. I'm wondering any tips, or tools people use to help validate local rents? I'm trying to deter...
Alex G.
Best Practices For Sellers In Austin In Hot Market
A question for agents with listings and sellers who are selling right now. As we all know at the moment we've got VERY low inventory, most sellers get a flurry of offers, and properties are selling substantially highe...
Brandon Pace
What are the best practices for obtaining portfolio loans?
I am currently doing a cash out refinance on my primary home and using the cash to fund the down payments of my first two investment properties. All three of these use a conventional loan. I will not qualify for anoth...