I think this is the right place to post this.... TL/DR for someone who doesn't care to read a life story of someone getting into real estate.I'm glad I found BP... Wondering why I didn't find it years ago. I think rea...
We just bought a 3-family and have one unit left to rent out (owner occupied). We have an applicant who we generally liked, a nice woman with a disabled daughter who is in boarding school 9 months out of the year. T...
Hello everyone!I posted a couple years ago about my struggles in an attempt to buy my first property. I closed on my first investment in late 2020 using a double VA loan. We bought a recently renovated duplex, and it...
Is it allowable for an unlicensed “property finder” (unconnected to any brokerage) to charge tenants large commissions to find them luxury homes to rent?
Here’s the detail:
Last year, we were tenants looking for a...
I believe there are 3 kinds of property managers. I have had good success with two kinds, and not so good or plain bad with the other. Without telling you which I list the types below1. Property management company w...
I admit - I am a data geek. I suspect a 2020 recession so I am utilizing the time now to learn as much as possible about REI. I am also quantitatively gifted (forced to learn, lets say) with some technical chops, so w...
Hey BP nation,How do you raise your credit score?How do I get rid of hospital bills on my credit?Whats the score you need to have in order to get approved for the best interest rates?How many times does your credit sc...
When is it worth purchasing a rental property when the presence of lead paint is "unknown"?There are cities in MA where nearly every buy-and-hold investment property was built during the days of lead paint. The gross ...
Is the main purpose of owner financing for someone to get into a property quickly and refinance or sell after some brief time. Most of the owner financing I came across have terms with a balloon payment after 2 years...
Hi everyone,I am looking into buying my first multi-family rental property. Currently, there is a family occupying the upstairs unit. The current owner leases (month to month) the upstairs apt. to a family who has b...