Tim Brown
Tenant selection (picking the correct tenant for the house)
I have a SFH that I am helping my partents rent out. We have each potential appilcant fill out a general application ( contact info, work history, previous landlords, number of teants, and number and type of pets).I...
Hud Hudson
Tenant Wants Ex-Wife to Move In
My tenant has asked to move his ex-wife in. She will not qualify as a tenant due to the terms and conditions of my screening and application criteria, primarily because she is unemployed. I have told him that all oc...
Nicole Obregon
3 tenants, 1 wants out ???
Three tenants moved into one of my rental properties June 1, 2019. They are all adults, and friends. All three adults signed the lease, and went over all the paperwork together. It's only July 21, and one of them want...
Jonathan Stone
Leaping Hurdles to Close My First 2 4 Plexes 100 Miles From Home
BackgroundIn 2010 I bought a bank owned 3 bed 2.5 bath single family property using an FHA loan which required a 5% down payment. The purchase price was $73K so this equated to approximately $3,700 out of pocket. Dur...
Elijah Householder
Looking to make my first purchase in NC. Any advice?
Hello all, I have been saving for about a year now and am finally in a solid position to buy my first property. I have always planned to house hack my first property in California (Where I live) but I am starting to ...
Ben Russell
Questions about rent to own
We just finished a flip that is listed on the MLS. We decided to also offer it as a Lease with a 3-year option to buy. Having never done one of these, can I get some feedback on how we structured the option and pose...
Cam Lawler
Is kid/family focused room setup with bunk bed more important than space?
Hi everyone,We are buying a 2bd/2ba villa in Pawleys Island. We have another 1bd/ba in that same area and have seen that this is an area favorited by families.The current setup in the new house is a Queen in each bedr...
Jorge Ruiz
Short sales
Hello BP!I realize that this may be a question that has already been asked: Is it recommedned that a newbie go at it alone on a short sale? What are the top 3 most important things I should know before going after one...
Sterling Hall
Performing and Non- Performing Notes
Has anybody on BP had any luck with transferring from flipping houses to flipping and holding notes. Seems like the next step for me since shorts sales and REO has dried up. Any opinions on this subject would be appre...
John McKee
So where else are you putting your money besides real estate?
A lot of us our sitting on the sidelines as the market has peaked and interest rates are driving us crazy. Personally I'm still hunting for deals but realize this is going to be a difficult year to invest to make the...