Trace P.
If Possession is later then Closing, what happens in between?
Hi everyone,I'm currently in a contract where the seller needs the cash fast to close on his new home, hence he sets the closing date to be on xx Nov which is before the closing date of his new home. However, his new ...
Ladd Austere
Debt to Income Ratio :: Question
So I'm quitting my job next month. Will not have a W2 anymore. Intend to take a nice nest egg of cash and turn full time to real estate investing over next two or three years, likely focused on SFR and small multifa...
Rory Cox
Paying Off Loan vs Re-Investing Cash Flow?
What are some thoughts on saving cash flow vs paying off mortgage faster? Spoke with an older investor today who likes paying off mortgage faster. But could be bc he's been in the game so long he has excess cash flow ...
Jose Ortega
Buying a house one door next to a current demolished house
Hi, I am buying a row house tomorrow. I was not aware that the second house to the Left was going to be torn down, I discovered this when I drove by. Is there any recourse to stop the purchase without losing my deposi...
Alexander Witt
Early Termination - Advice Needed
Hi all! I am a amateur landlord who is looking for opinions on what others would do and have done in this situation. For context, I purchased a duplex in 09/2020. Lower tenants have occupied since 11/2020 and upper te...
Elva S.
Options for my 4 beds home
Hi BP friends! I'd like to have your input and recommendation.We have recently purchases a new primary home and my current 4beds/3Baths, 3200sqft home will become available.I am thinking about renting this home to a s...
Michael C.
What should I do with the tenant rental Check?
I just bought a duplex, I'm living in one side and renting out the other, my question is should I put the tenant rental check in a bank account and use my job money to pay the mortgage or directly send the check to my...
Laura Hamilton
Tenant screening
Few interesting situations with prospective tenants:We have a nice lady who is coming to see our rental property. However she is Canadian citizen and I wonder how would we do credit check for her? She is in a manageri...
Juan Marino
Tenants with Pets is it worth the trouble?
Just want to know from experience, how much of a liability is to have a tenant with Pets, specifically two dogs? Is it worth the trouble? Is it actually a bad thing? The house I'm planning to rent has mostly carpet, w...
Shatawni Johnson
Landed a deal but don't know where to begin!
I'm looking for advice, guidance, ANYTHING at this point! I have a potential deal but I'm really nervous to take it. I'm not sure about the numbers or how to properly run them. I don't know where to go or look for con...