Eric Northrup
Refinancing vs Portfolio Loans
I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...
Knute Olsen
Buying a mobile home in a 55+ community and being "underage."
Hello all,Looking to start my Real Estate investing career, and it seems the best bet (as far as profit margins go) are in mobile homes.I have some cash on hand, so I am looking to buy a mobile home for cash in a Mobi...
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Rent Controls - Statewide - These people are insane
There goes the neigborhood: Oregon Defies Logic With Statewide Rent ControlIt is often said by cynical economists and political commentators, usually of the right or libertarian persuasion, that the road to hell is pa...
Nathan Adams
Starting a Management Company
Hello,My wife and I are looking to start a property management company. We have an idea of the steps involved but we are looking for suggestions in a few areas. We know that we will need a good legal consel to help se...
Rik Shaw
Utilities Not Included
Hi BP Community,Does anyone have any advice on how to handle collecting on utilities from tenants when they are Not part of the monthly rent?Any advice would be much appreciated.Rik
Jimmy O'Connor
Section 8 Shutout: Philadelphia Landlords' Refusal to Rent
The mayor just signed off on legislation to that is aimed at tackling the issue of discrimination against households that use tenant-based vouchers, also known as Section 8 vouchers, to pay for their housing. These v...
Stephen E.
Candles
Do you permit tenants' use of candles of attempt to regulate their use? I use a standard lease which has the following clause:"The tenant shall not do, bring or keep anything in the Rented Premises, or permit or suff...
Greg Baker
Certificate of Occupancy - Certified Lead Paint Inspector and Work?
Recently purchased a SFH in Rochester, NY to convert into a rental. We applied for the certificate of occupancy and got flagged in nearly every single room for the WINDOW SILL/SASH with the following code violation:T...
Greg Strunak
Cash flow/ passive income
Hi everyone,
I’m currently scaling my Airbnb business and reinvesting all my property’s income into growth. Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income....
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Wholesaling
Say I find a house to put under contract- do I need to show proof of funds even if I'm not going to be the one actually purchasing it? Also, what happens if I can't find a buyer by closing time? What kind of clause do...