A young potential tenant (college dropout I believe in early 20s) has applied and has excellent credit score and credit check but the credit history is just a year long or so. Trying to setup the business so no W2/Tax...
What is the recourse if the appraisal contains data not listed anywhere and the appraiser did not measure the property?
The source of data is listed but that source has the higher square footage than listed.
The co...
I'm practicing my underwriting on various local apartment complexes and found an interesting case that I wanted feedback on. Perhaps my method of running the numbers is wrong, I'm forgetting something or the local mar...
Hi BP community! Excited to see all the information I’ve taken in over the course of a few years on real estate. Currently, I’m in college and will be graduating this spring. I’m new to this so I’d appreciate the pati...
Team,What is the average applicants score you require and why? Do you change this for lower income applicants/ lower income neighborhoods?I'm using an online screening service that says 650 ◄ (Avg. Renter's score)Thanks
Hello everyone!
Date: 01/20/2025
My fiancé and I are moving to a new area and have decided to rent a place. We found a property in a neighborhood we really like that had a "For Rent" sign. We called the number and w...
What questions would you ask an agent when purchasing a home?
Hi All,What is the best way to go about pre-screening tenants so that I can get the best pool of applicants? Obviously we would also do this legally as well. I think I remember this from a Bigger Pockets podcast episo...
Hey BP,I have an opportunity to lend on a fix/flip with healthy interest rate / points, already verified property in good neighborhood and comps support claimed ARV. Without going into too much detail, what advice wo...
Hey fellow investors and professionals. I have a question about charging early termination fee and wondering if anyone knows the correct legal answer. In my leases I include an early termination fee for those who deci...