Jay Lee
How To Get Good Tenants
Good morning,
I have a question that I'm sure many of us have asked before. I have not had much interest on a rental property, and this being october, not the best month to have a vacancy. I have someone who applied ...
Zach Bechard
Liability Insurance for rental property?
I had a meeting with my Estate Planner/Asset Protection Lawyer last week. The subject of our rental properties came up and he suggested that I should get a liability policy for each of the rentals we own. He said it w...
Annette Radvansky
Texas: Am I under obligation to replace the deck immediately?
Tenant has been in property over 3 years and last week told me deck needed repair. Someone came out yesterday, the deck needs to be totally replaced. I had it completely dismantled and hauled away this morning because...
Vanessa Deluca
FSBO Contract Question
Hi. I am just about ready to sell our house. I have been 'interviewing' a few real estate attorneys to get the contract going. My question is this: Is it prudent for both the buyer and seller to use the same RE at...
Mason V.
How should you approach lenders for preapproval?
I plan on talking to some of the local credit unions, small banks and mortgage brokers in the area prior to seriously finding my first deal(s). Before I go in though I would like to know how best to present myself and...
Jake Walroth
Using traditional finance for a Homepath Property
Hey guys, I've got my eyes on a few Homepath Properties..... its still within the two weeks for owner occupents, but I'm wondering if anyone was ever used financing to purchase a Homepath Property. I know most probabl...
Thomas Phu
Should I Accept a Guarantor on a Rental Application?
Hello Biggerpockets community!I have a question about the Rental Application process and my situation:I have an application with two individual that agreed to both mutually divorce and they have 2 kids. They are still...
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. Maintenance costs are a huge factor in the profitability, or not of any investment property. A little backgr...
Billy Daniel
Stating your tenant criteria up front?
Do you place your tenant screening criteria on the application or advertisement? I have the income requirement on the application now, but I'm curious if other PMs list things such as minimum credit score, eviction-f...
Michael Fundaro
Interviewing Tenants
Hi All,My girlfriend and I just bought our first duplex and are about to rent out a unit (we are house-hacking). Our realtor pre-screened a bunch of applicants, and she finally sent one to us that met the criteria. I...