Wesley W.
Confirming receipt of notices
I conduct semiannual inspections on my rental units, and typically give notice through text message. I have a relatively new marginal tenant whom I have had some minor problems with. (In hindsight, this person was a ...
Jonathan Beemer
Where to begin with limited amount of cash?
hi, I am new to BP and REI in general.Wanted to see your thoughts on where to begin on a limited amount of money and no credit: let's say 15k cash available. - Buy a foreclosure for 10k and put 5k into it?- is there a...
Julie Gabrick
Tub surrounds
Has anyone used a Lyons tub surround? We want to install the tub cover over the existing tub and then install the surround. The set up is affordable but I am not sure of the durability. Please let me know if you ha...
Graham Watts
ESA Letter and HOA Pet Registration Fee
My tenant has provided my property management company with an ESA letter from a counselor that verifies the need for an emotional support animal. My property management company says that this means we cannot charge an...
Britt Slayton
How to ask a seller if they will finance the house
I need to find a seller financed house to buy for my 1st property. When I call to ask if they are willing to finance the house, do I need to explain what it means if they don’t know?
Rebecca Dillon
Being a rental locator
I recently started the property management company and was contacted by and individual who is looking to rent in the area. She is from out of state and was hoping my company could help find her a rental. We don't h...
Humble Wellington
New Lease for Inherited tenant
Hello I recently bought a 2 family house in prospect park NJ with a tenant already in it. The tenant does not have a lease but was paying month to month with the prior owner. I have drawn up a lease effectively raisin...
William Howley
Standard conventional mortgage question
Hi, I am putting conventional loan bid on a property. I have a pre-qual from one bank, and have a term sheet. I want to know if someone can give me some typical terms they have come across. For example, this loan is 2...
Drake Espenlaub
How/Figuring how much to sell a Land contract (under contract)
Earlier this year I purchased a property from someone who wanted to get rid of it fairly cheap. It is not in the greatest shape, but he got me in touch with someone that had been asking him about renting it. After I p...
AJ Satcher
Which Matters More: Lower APR or Lower Monthly Payment?
*Title Edit: Which Matters More: Lower Interest Rate or Lower Monthly Payment?
Novice Investor here
Would it make more sense to go with:
- higher interest rate
- less money down
- no PMI (bc of higher interest ra...