I spoke with a long time agent/investor that has been buying houses and then turning around and doing a rent to own to a buyer tennant.I know this strategy is not new but what I found interesting was that he was colle...
I am looking at doing my first lease option.I own a small property management company. I manage 2 storage facilities and just over 110 rental units. I know that I have to abide by fair housing laws when it comes to th...
I have never stayed at a short term rental and I have been hearing all about them. So I go on line and look at a number of Short term rentals. I’m a little unsure about how the pricing goes whether the listed price is...
I'm curious what you all, who have property managers, are charged for a cleaning of your condo whenever you have a tenant turnover?
Hello BiggerPockets Community,
I'm new to the world of real estate investing and am looking to start my first LLC to better manage my properties and protect my personal assets. I understand that forming an LLC can of...
Hi,
I was interested to see how much a borrowers track record should matter when you are thinking about lending on one of their properties.
If a borrower seems trustworthy and has a long, flawless track...
Recently I have seen one BP member promoting "wholesaling" and wanting to charge a fee to "teach" you. In one of their posts they suggested BS escape clauses to get out of a contract. Not only is this unethical and di...
I notice that transactional lenders seem to charge about $3,000 to provide very short-term funding to do a double close. Since transactional lenders typically require an end buyer to be in place, it seems to me that ...
Hi BP,What is the best strategy to use when buying a turnkey property? How much profit are the turnkey companies making off of the deal? With that being said I realize analyzing the deal is crucial, but this will more...
I've heard FHA loans typically require a 3-1/2% down payment. I'm currently in a lease option agreement with my landlord. When I secure an FHA loan, will I need to bring 3-1/2% to the table? Or will the $41,000 paid t...