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My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...
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My wife and I went to the courthouse to observe unlawful detainer (aka eviction) cases. They seemed very straightforward and something we could tackle on our own. In Virginia, things are pretty speedy and we think t...
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I started getting interested in REI about 6 months ago and I saw it as a very viable way to improve my financial situation and create security. I've read a ton and feel like I have paralysis by analysis. I got into le...
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My dad (retired) has a rental property with a tenant that has been problematic over the years. Here are the facts:The tenant leaves (more like litters) personal items like toys for her kids, bicycles, and others in th...
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I've only been here on BP for a few days and I'm already noticing how many people are looking for mentors and how many people there are who are new to RE investing thinking that it would be great to partner or work...
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Hello everyone,
I have a 4 plex in which I live in one unit and I have 3 tenants in the other units. My mortgage loan is a VA loan. I have a tenant who is behind in rent by a month and half.I want to evict this tena...
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Hello Everyone my name is Jose Martinez new to BIgger Pockets Community, based out in Joliet, IL close to Chicago. Recently started my wholesaling business Sep 4 of This month. I have done 1 deal that gave me lot of l...
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Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...
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A REO is on the MLS in my area for $70,000. It needs about $50,000 in work and will have an ARV of $185,000. The house encroaches on the vacant lot owned by somebody else next door. This is public information availab...
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Hi all,I recently purchased a duplex with both units occupied close to the university campus and have been planning on moving into one of the units. The tenant that I would like to remove (the front tenant) is on a mo...