Hey BP,Just to give you an idea of the marketplace I operate in, we have a population of about 50,000, we have rental licenses with density and minimal property standards, and we have a lot of converted "turn of the c...
I don't track mileage at all anymore (quit recently) due to most (if not all) of my driving being considered commuting (since I don't opt for the home office deduction). After excluding commuting miles, the allowable...
If you're thinking about buying a multi-family property and making one of the units your primary residence, you've probably learned that FHA is the way to go if you want to minimize the down payment. FHA requires just...
Hello Everyone! I am currenting screening tenants, and I ran into a situation I am unprepared for. And out of state tenant has filled out an application, he meets all the minimum requirements but hasnt seen the proper...
I’m relocating to the Spokane area and have been looking at homes primarily in the valley. I’ve been working with an agent who has been very helpful in the search process, but is not an investor himself. I am consid...
My wife is contemplating getting her license primarily to use for our own investments. However, she will likely also do some work on the side as a Realtor as time permits. I'm wondering what are the typical responsib...
This is a bit of a sticky situation that I need help with. Sorry for the long post:
On April 6, I got a property under contract. A couple of hours later, I sold the contract to an "investor" (who I lowered my sale pr...
Is the owner occupancy requirement for FHA loan verified or is it simply a rule that is not enforced after purchasing a home, especially now with Covid?
I am constantly finding myself always getting amazing deals under contract (current deal asking price $190k with an ARV of $430k+) but having most lenders be scammers. ARE THERE ANY LEGIT LENDERS? My current lender i...
Hi; I wanted to ask the experienced investors how they approach a potential acquisition with 2 people on the title:
Is it worth the extra scheduling difficulties (& hassle to the other spouse) to require both pa...