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Hi everyone, Let's say there's an older gentleman who owns a multi-family property free and clear. Bought it back in '85 for $30K and is selling it because he lives a good distance away from the property, is older ...
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I’m new to flipping in the Austin market and I found a great deal on a property and wanted to partner with a seasoned local flipper on my first one to learn the ropes. They also wanted me to fund all the cash to close...
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Hi Everyone,
I am buying a mobile home this Saturday and have a couple of potential buyers lined up to do a Lonnie deal. Finally, my first success!
The park owner I met with said another man is trying ...
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Hey BP!How do you guys handle applications for your rental for couples? Do you make both of them fill out an application? I know both have to be on the lease, but the 3 reports I request cost $55 to run so I'm just fe...
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A couple of days ago I read about a newbie on here that was about to make $200 cash flow (I've made the same mistake) on a huge risky investment.
The pros weighed in and one stated "you can make more money managing so...
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Hi BP. I don't post a whole lot but find the BP forums to be very informative so just looking for feedback or advice. Long story short, decided to not renew a 2.5 year tenant that paid the rent,kept pretty much to hi...
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Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...
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My tenant wants a roommate which is OK with me. She picked out someone and I sent him a request for a background and credit check via Cozy. He asked me to reimburse him the cost of the checks. I told him I wouldn't do...
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One prospective tenant contacted me from the UK inquiring about my rental in NJ. How do I screen someone that is outside of the U.S.?
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With lending standards just now beginning to loosen from a historic tightening, I find it bizarre (and frankly, offensive) the idea that Private Mortgage Insurance will now be something that will be permanently affixe...