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Dear BP Community,I am reviewing an application for a potential tenant. this is a couple, not legally married, without kids.They are both in their early twenties (22), first time moving in together. They are willing t...
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Hi All,Just out of curiosity. Would it be advised to borrow from 401K to buy a second investment property? I'm in the process of buying my first rental, but would love a little more cushion to purchase a second. I'm 3...
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I just received a long letter from my tenant detailing multiple health issues she is experiencing that are clearly linked to second hand smoke coming from the unit below. I lived in this condo before renting it out a...
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Hi BP members,I am in the process of selling my house. Just yesterday I had a sale guy come out to give me an estimate on some work. I found the gentleman quite offensive (racist, sexist, homophobic) and the product...
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Hi, I created a business and bought my first rental under the business name. I have 100% equity in the property and wanted to cash out refi the property in order to get cash our to buy another. No bank will do this be...
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So, I've come across something I hadn't contemplated. I have someone that is interested in a vacant unit I have that meets the minimum income, seems to meet the minimum credit score, but robbed a bank 5 years ago, ser...
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Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...
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Eventually I would like to start my REI journey through house hacking and I'm all ears to any pieces of advice you have. Whether it be brief thoughts, a thorough explanation , mistakes, tips, advice from an analysis p...
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Hey all! I am a beginner still soaking up as much info before I pull the trigger on my first property. I live in the PNW and I was curious to know if anyone has had any good finds in the Portland/Vancouver Area!