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First time RE investor, long time BP reader.We recently acquired a rental property (4 beds, 3 bath) in California with a section 8 tenant (family of 3). The tenant has been living at the property for 10 years, with a ...
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Long time listener, first time caller. First property was primary residence but I am focused on acquiring a 2-4 flat income property with the goal of cash flow. Primary residence was a foreclosure. In the first year I...
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We purchased a property with cash and were implementing the BRRRR strategy. After a couple months of rehabbing the property we got a tenant in place. We talked to several different lenders about a cash out refinance...
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Hi all,Has anyone successfully financed an accessory dwelling in Tucson (or Arizona)?What options are available for FHA borrowers? I want to build an ADU in our backyard and rent it out. We have the space and plans, I...
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After nearly a year (10months) I would like to start earning some credit for my business which contains one cash flowing rental and about 60K in equity. As a result I first thought to get a secured credit card for the...
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Hello! I recently closed on a home in Ohio and the previous owner said he never received the security deposit from the owner before him. The lease says that there was a 750 security deposit. Will I end up just having ...
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Hello. Does anyone recommend a deposit alternative insurance company? I've been reading on the idea where no deposit has to be collected and it insures rent and damages. I only have 9 units and see some require 500+ u...
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Broke the lease but I’m letting them stay. Am I required to give them security deposit back???? ( they didn’t pay for 50 days on late rent but finally got it paid up )
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My deal (first one):
I have a 3/2 SFR in a good neighborhood, it's a short sale.
My offer was accepted and is currently going through the banks underwriting.
So my question is. There is a tenant in place.
If I keep t...
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I need a bit of direction. I am a little newbie searching for my first deal, which will also be my first ever real estate purchase... a place I can "house hack" as I build up income for my second deal. I am looking f...