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I visit fairly often with investors looking at a certain vacation rental property to make an offer on. I am not a realtor, so I cannot give advice as though I am one, but there are some guidelines that I have used pe...
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During a showing of a rental, potential tenants proceed to tell me that Texas law requires the landlord provide and maintain a refrigerator and stove. I've done a few searches, but not finding this law?They also said...
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Hi BP,I am making my first moves onto picking a market to invest out of state in cash flowing properties. The down payment I will be using is 20k. I think having a trustworthy team of realtors, property management,etc...
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As someone who is new to syndicating but has a background in construction and small-scale real estate development focused on building duplexes, I'm now interested in venturing into syndicating deals on apartment compl...
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It might just be me but I'm very leery in trusting people... especially if I've only every interacted with them online. This might be due to my current career in IT as we are trained to not trust ANYTHING online. Ho...
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If you own a short-term rental, there are likely to be seasons when bookings slow and you worry about generating enough income. The resort industry knows this cycle well. They have “high season,” when everyone wants t...
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Actual Questions I’ve Been Asked by Borrowers/Brokers
1. My client is worth over a billion dollars. How quickly can you make him a $25,000 loan?
2. Do you lend 150% of appraised value?
3. How much down payment do I...
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Hi Guys,
New investor coming around the bend!
Thinking of different options of acquiring potential buys, and I think driving for dollars can, if utilized correctly, be an excellent method. Has anyone had success wit...
So, I was listening to the BP podcast and the subject of how to do background checks on your renters came up. I was wondering, how exactly would or should you turn down a tenant that has bad rental history so to avoid...
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I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...