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I am presently purchasing a 6 unit building and have the original leases plus the tenants filled out Estoppels.However on one of the estoppels the security deposit is larger than stated on the original lease.Advice an...
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Dear BP Gurus,What is the level of inspection investment to perform during the due diligence period for a 10 unit, Class C property that is 40+ years old in the South East part of Houston? Given the age of the propert...
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I am trying to create an applicant/renter guideline for my rental property. I would like something that spells out the expectations for any applicant and tells the applicant a criminal, employment, and credit check ar...
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I started flipping last year in the Poconos,PA , completed 3. I netted 80k total, 40 on one alone. I am currently using a realtor, and am their "assistant" for MLS use permission. I have a great contractor that is rea...
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We were recently looking into a 4-plex in Tualatin, OR listed at $395,000. I've driven by the property and the surrounding area and it's in a great spot, and the total rental income is listed at $3,700 a month. The ...
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I got a call yesterday at 4 PM about a plumbing issue in the upstairs shower that leaked all of the way to the basement. Got that fixed last night, but the tenant tells me the water leaked into some kind of box that ...
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Hello BP!
This is my first post as I'm a newbie wholesaler in the Houston area. First of all, I think BP is awesome as this place is a 1-stop shop for everything related to REI.
I'm about to start my 1st marketing ...
This question pertains to an investor selling a property they own.Given my own experience in being asked to conceal problems (which I won't do under any circumstance) as well as having encountered on several occasions...
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Hi All! I'm an investor living in the greater Albany NY area (Ballston Lake, near Saratoga). I bought my first house when I was 21, a distressed 2-family that I lived in while repairing and had renters paying 2/3 of...
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So I'm looking to purchase my 1st rental property. How/what should I use to screen potential tenants? What's the best way to collect rent? Is it normal to get the 1st and last months rent plus security deposit OR just...