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My insurance agent says I can require my tenants to have renter's insurance. I run a pretty tight ship as far paperwork and managing my properties, but this is one area I maybe failing in. I appreciate any thoughts here?
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I'm new to the REI arena and have limited cash available to get this off the ground. I have a regular job with an annual income of ~60K and a credit score of 740 albeit of limited duration.
My plan is to use ...
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I just finished my first flip and learned an important lesson - there are some restrictions for FHA buyers purchasing flips where the investor purchased the property <90 days ago. Sharing this with the BP community...
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Hello BP, So, last year I picked up a 1,900 sf rental property which was a 2 bed 2 bath. It had a large finished basement so I was able to section off two areas and make additional bedrooms out of them. It is c...
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What should I be concerned about legally if I inherit tenants that are not legal citizens?
I'm currently trying to verify the tenants citizenship status with the current owner, but in the meantime I'm trying to figur...
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HI all, thank you in advance for your wisdom and experience! My husband and I are new to investing in real estate. We have an SFH rented to a nice couple. There’s an issue with the oven and since we are new owners I m...
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Does anyone here pre qualify their buyers? If so, who do you generally recommend? Ive heard good things about Village Capital and Providential, but who else has anyone had good sucess with?
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We are working on getting our 4th loan with a bank that we have used for financing some of our multi-family properties. They are now making a condition of the loan that we move all our personal accounts to their bank...
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I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...