Lets say that I pay cash for my first rental using a HELOC against my residence. I now own a rental free and clear (still owing the Heloc). Can I obtain a traditional refi now that there is no current loan on the ho...
I am going into my first purchase. I have found a woman who is trying to sell all of her rentals. She is older and her husband used to manage them but he's too sick to keep the properties up. I have two concerns how...
Hi everyone. I have a great tenant. He's responsible, responsive, takes good care of the place, pays on time, etc. I've recently noticed, though, that his girlfriend stays over several times a week. She also has a sma...
Fellow landlords - What sort of recordkeeping system do you use to document that you have performed any routine inspections and maintenance you may be required to perform? I'm thinking of things like smoke/CO alarm te...
Hello BP MembersI'm new to BP and today will be my first step to Wholesaling and start my marketing campaign. This morning i decided to buy a list of absentee owners from ListSource and I'm wondering how accurate is ...
Hi Guys,Anyone know any good local lenders for a long term (30 year) rental property mortgage in Delaware County, PA? Thanks,Matt
My wife and I are moving from Chicago to Michigan to buy a house. My wife will keep the same job, and I will continue driving with Uber. When going through the preapproval process one of the lenders I spoke with said ...
Just picked up an 8 unit and the 2nd floor apartments have carpet currently. I am a big fan of vinyl plank flooring in all rooms, but I am concerned about noise when the 2nd floor tenants are walking around? Am I ov...
Hi there,
We have strong candidates for renting our property but they are one year in the country. Is it a concern? Help me understand the pros and cons of renting to non-nationals. Thanks in advance!
Lacey
I first became aware of surety bonds when signing a rental lease at a large apartment community in one of our country's overpriced coastal cities and was presented with a choice - pay the customary one month rent equi...