We have an 8 units (2 buildings with 4 units each) that we plan to purchase. Two options we are considering
1. buy them under personal name at interest rate of around 3.X
2. Buy them under LLC but then it will be co...
When I advertise a unit for rent, I'll get an e-mail response, and send out a 10 question pre-qualifying e-mail.
I have a potential tenant that listed their income as "1250 not including tips". The rent is 79...
I currently do not have any investment properties but am very interested in getting started. Has anyone went down the HUD/Section 8 path as a landlord? It seems like you could buy houses on the cheap side and get gove...
Hi BP Team,
I'm in the process of closing on my first rental and I have questions about setting up bank accounts.
I understand we shouldn't co-mingle personal funds so a separate checking account (operating costs) ...
First off I call units where doors & walls destroyed mortal combat units.
We purchased a property where the tenant in one of the units shot the whole place up with a bb gun. Walls, ceilings, doors (you could hear...
Hello there BP community. I have a 9-5 stable job. but want to get my feet wet in the real estate world for financial independence and flexibility that will better suit my lifestyle.i have friends and family who are i...
I allow my tenants to have most dogs. the exceptions are very specific quoted from my landlord's insurance. if my insurance will not cover damage of any kind caused by, say a german shepherd, and a prospective te...
Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent. Initially, we wanted to have the loan under my wife's name only but my the loan officer fro...
Hey everyone,
I have a few properties I am trying to assign but first I realize I need to tie them up under contract.
Is there a basic contract I can use to tie up the property? A P&S, or what?
Thanks.
*Side...
New to the Property Investment space but learning more every day. I am looking for any positive and negative experiences, or preferences regarding financing first property. Does DSCR Loan make sense or standard mortga...