Brett Hearn
Screening tenant and his wife
Hi all I have what sounds like a simple question. I am currently screening a tenant who and he will be having the background check. Should I be doing a background on the wife as well. She is not a co-signer so I do...
Vijay Jain
Friday Trivia on addressing rent increment
I inherited tenants who are on month to month lease when are purchased multiple SFR in central valley CA about 6 months back and after purchase I pass on Sewer and water bill to them (old landlord was paying for that ...
K C
Owner not cooperating, Can I go thru the BANK?
A House on the market for a short sale, lets say its listed on the market for 150,000. I'm going thru the same agent that the owner is using to sell the house.
The house is empty and the owner moved out of state. I...
Karen Johnson
Purchasing Parents’ Home.
Hello,My husband and I are planning on purchasing his parents’ home and renting it out. The home in its current condition would sell for roughly $325K on the open market. His parents are planning to sell it to us for ...
Jimmy Wen
Understanding Land vs. Property Values
Hi all,I have a newbie question for all of the experts here! The question is for my recent purchase of a duplex (residential).How do I separate the land value from the total value of the property I just bought? There ...
Fam Tsai
New to BP
Hi, I live in San Jose/Saratoga CA area and am thinking to invest in buy-and-hold rental (SFH/small multiplex or small apartment). However SF/San Jose bay area is way too expensive to find cash flow positive propertie...
JD Martin
Zillow to start charging on Feb. 3 - alternatives?
Hi all - Happy New year!Today I got a notice from Zillow that beginning February 3rd, each rental listing will cost $10 per week. Since Zillow also owns Trulia and Hotpads, I'm not sure how that will translate to thos...
Boots Bonner
Roof Estimate - Tear off old shingles?
I am replacing a 17 year old roof on a 2-story 1400 sq ft. zero lot line (half a duplex) in Murfreesboro, TN. The roofer wants to tear off existing roof (only 1 layer of shingles) and replace with 3 tab 60 mph rated ...
Ben M.
HOA
Weekend millionaire audiobook says to avoid investing in houses with HOA due to HOAs taking control of what happens in the community and possibly increasing HOA fees. Don't most homes have HOA? Pretty much any home wi...
Jennifer Hollstein
Renting a 2BR to a Parent with 2 children of different sex
We have a recently divorced applicant wanting to rent a 2bedroom apartment. He has 2 children boy age 9 and girl age 13. He does not have the children full time but he does weekends and other random weeks.I was under ...