Mark Graffagnino
Prospective Tenant has a Miniature Pig
I had a prospective tenant ask today about keeping their pet miniature pig in the house. It weighs 30 lbs, which is right at the limit I use on dogs. She claims it is litter trained for when they are not home and is...
Account Closed
Applicant has no job but wants to pay 6 months rents.
I posted my rental online and received this from a interested renter out of state:"Good morning we are family of 3 and we are living in north Carolina and we are going to buy a deli in ny so I willing to pay 6 months ...
Account Closed
How can a seller get out of a hostage listing agreement?
I had a seller call me yesterday wanting me to buy his house. The house is already listed with a realtor and the realtor hasn't shown the house once in the two months it has been listed. The price has already been dro...
Mark Smith
Depressing Home Inspection
I haven't been in the REI game too long, so please hold the "you should have seen that during your showing" comments. The purpose of this post is mostly because I want to vent to the BP community, but general thought...
Account Closed
I HATE to be "that guy" but I could use some feedback...
Hi All, I truly hate to be that guy looking for answers and not offering up much in return but this is a situation where I have to move quick and feel a bit ill prepared as this would be my first deal, so I could use...
Matt Holmer
Fannie DTI ratio with new rental income
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
Jennifer Lee
what was the CATALYST for first deal? or if new what are you waiting for?
hi BPI had an interesting conversation yesterday.A lady called me from my zillow agent page. She apparently researched me bef calling.She was inquiring on a property that I had recently sold, she was interested in inv...
Nolan Chandler
Offer to purchase and assignment contracts
Hello, all,I had an initial consultation with a real estate attorney in North Carolina about wholesaling, and he gave me a 99% on issues discussed, but was going to do some research to get back to me if he thought it ...
Blake Barnard
For Rent Signs???????
Let’s talk For Rent Yard Signs on SFH’s. Are you using them? Just the basic ones? Or, fancy “real estate like” signs? If so, post pics/successes or failures!
Shawn Adderly
Converting Basement unit to legal third unit
I recently bought a multi-family property in Chicago. I am looking to have the basement be made into a legal third unit. I would like to have the basement redone to have a separate heating system from the 1st floor un...