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I have a prospective tenant that filled out our application. Originally, her fiancée and her 3 kids were going to move in. I told them our process and standards we require for our rental units. First, they must fil...
Hi everyone, I am trying to learn about how to set up a personal property trust to put my properties into and am looking for some direction. First: how do I set up a trust? Second: do you have a standard for to u...
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Can you wholesale a property to a new buyer if they are not a cash buyer? If so how can this process be completed?
I was in the process of getting a property under contract on the standard one page contract on BP. The owner did not have a problem with it, however her attorney did and sent me an eight page proposed contract. In add...
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Hello BP,I am still new to investing and have been reading through all the forums to gain more knowledge about the tenant screening process. It seems to me from tons of reading that the tenant screening process is sca...
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Hi All! I’m a relatively new investor and looking for some advice.I have previously purchased three multi-family properties, but all with a realtor. I’m doing a walk-thru of a new multi-family on Friday which neighb...
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New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...
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My MHP is located in a town where the setbacks are such that I can only get 10-12 foot homes on the lots. My partner @Ryan Murdock is going to request a variance so we can get 14-foot wide homes on the lots. They'll ...
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Hello,I might have an opportunity to make an off market offer for a home in Austin, TX area. Seller wants to entertain our offer before signing with a selling agent. I have already gotten a quote from a lender at th...
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Hello all, I am a new real estate investor and am in the process of purchasing my first duplex in Cleveland, OH. I need some advice. Both units are currently rented at below market rents ($600/mo per unit with the g...