Hello - I have finally acquired my first rental property (a duplex) and I plan to get my feet wet and manage myself to not only learn but save money since property management doesn't pencil at this point.One renter se...
Wondering if this strategy would help. I currently have cash to buy some properties but am try to figure out the best way to start to develop credit for a new LLC. First would a lender fund a new LLC if they put 70...
I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...
We may be purchasing a building which houses hispanic tenants. We have never done this before.
Besides the language barrier, are there other issues? For example, how would you deal with leases to tenants who can't rea...
Hey all,Put an offer on a triplex near the airport today and got a nasty surprise when I called to get my pre-qualification letter. I've been focused on cash only purchases the past 2 years so I had no idea how much ...
Roommate situation, where they will share my house.
I found a potential roommate who works in the financial industry.
This person had a court case within the past year where they had a bogus check. The result was "d...
I am a first-time investment property buyer, presently jumping through the hoops to prequalify for a mortgage for a potential property (I do already have a mortgage on the house I live in). I am a freelance writer, an...
What’s up guys. I just bought my first rental and I’m almost done getting it rent ready. How do I screen tenants? and what’s the best software for managing the property?
Hey Guys!I closed my first investment property near Atlanta a month ago and I haven't got a tenant yet. Here is what I have done so far. Should I be worried (yet)?Property type: Type B. Demographics: Decent demogra...
Hello all BP members, My name is John F. and I reside in NYC looking to invest in rental properties in Upstate NY, possibly just possibly in PA too. I am looking for people to network and hopefully work with as well a...