Bruce L.
Would you lease to him?
I have a single family home that I'm asking $1100 a month lease.
Security Deposit is $1100, plus $250 Cleaning fee (Non Refundable) and $250 per fee (Non Refundable). He has two cats and Fiancee is also a PhD stu...
Blake Bailey
Thoughts on Section 8?
My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
Will Gaston
Is it ethical and legal to do a "Fixer Upper" lease?
All:I have a 90 year old duplex that is in very bad shape in a great location. Some roof leaks, questionable heat, foundation issues, etc. It's just really old and technically it might be livable, but that's about i...
David Ivy
Questions for Hard Money Lenders
I have an investor client who wants to diversify his real estate portfolio by making some hard money loans through a local hard money lender here in Texas. What are some good questions for someone looking to invest wi...
Alyssa K.
“Lettered” Emotional Support...Chickens
For those that saw my first BP post yesterday asking if you would allow chickens, and if so, what you would charge for a deposit...I met said applicant today. When I informed her that there would be strict guidelines ...
Saul L.
Unbelievable Water Bill- Detroit
Since I began investing in Detroit a few years ago I cannot get my head around so many things regarding the way things are done over there - but this one definitely is a contender for taking the cake. End of April I s...
Brian Holt
Preparing to meet with loan officers or lenders
I am creating a portfolio to give to a few select loan officers to obtain a mortgage for a rental property. What would you include in this portfolio? I currently have 5 rental properties, working on my next one. As...
Chatree C.
Setting up Solo 401K Plan as an employee
I have a side online business, self-employed, and my CPA suggested that I should open solo 401k with that business and move my SDIRA funds into this Solo K account since it's got better tax treatment around UBIT.I con...
Juan S.
Hud Homestore Contracts
Is anyone familiar with the way Hudhomestore.com handle contracts?I'm hearing that earnest money have to be sent to the listing agent before a contract is signed.This is not typical right?Is this a requirement for hud...
Gilbert Hsu
Transitioning Out of Section 8 Tenants
I'm considering buying a 3-family rental property in which the entire building is currently leased to Section 8 tenants. In this area of Boston, MA, the Section 8 rental subsidies are significantly lower (15-20%) than...