Hello fellow BP Investors and landlords.
we all experience from time to time tenants that don't pay on time. After adding a lot of properties in the rochester NY area to my portfolio in the last 2 years, it is becomi...
Hello! I am a newer member here and so I apologize if this question has been asked before but I am wondering if anyone has any knowledge or advice on a lender I am looking at using for a rental property purchase and w...
This year we've had a few problems with houses falling in disrepair due to tenant neglect. This is of course our fault for not strictly enforcing regular inspections. However, up to this point, our leases have had jus...
The plan is for my partner to fund 100% of the home purchase, rehab, and holding costs and we split the profits 50/50. My team will find the deals, rehab, and sell the properties. I plan on repeating this process inde...
I am looking to find a very easy software solution to keep track of rental accounting in specific. Quicken home and office really doesn't do the trick. I want something to simply track expenses, income and print out r...
Hi all, I am in the midst of revising my rental criteria and just want to see what you all thought about my criteria below in regards to income and credit scores, your thoughts?
Applicant(s) has verifiable combined i...
Howdy!
My goal is to purchase a house in College Station, Texas with 3 other recent grads and rent out to college students. My question is, what are a couple first steps I would need to begin working towards ...
This is a hypothetical question. Say you sell a condo and the HOA subsequently informed you that there was a budgetary surplus on the account. They email all homeowners that the surplus is to be credited to their acco...
How do you handle security deposits? I know that they are placed in a seperate account, but I am wondering how to account for non-refundable pet fees? Can I treat this as income and move it to my day-to-day checking...
I have been working on an FHA Wells Fargo short sale. Aprox. 130k owed, BPO came in at 55k which I thought would be perfect assuming I could get it at 88% of the appraisal. I have made three offers 42,46, & 50k....