Gene Hacker
I don't think I bought the lot next door...
I just found out today about a crazy title situation with the county and I am exactly sure how to proceed. Its a long one and somewhat complicated but I will try to make is as simple as possible:
I purchased a house...
John Clark
Trying to escape the analysis paralysis
So I am oh so close to moving on my first deal which will be a multifamily house hack. And as excited as I am about it, I feel like I have to do 1000 things first and that thought is keeping me from moving forward. ...
Nick Ferguson
How to put money into LLC without "co-mingling"
Hello All, I have a newly formed LLC that I'm going to use to manage my one current rental property and all future rentals that I hope to begin acquiring in 2017. I just formed the LLC and opened up banking accounts ...
Nathan Gesner
Need advice: Buying from a desperate owner
There's a lot of background on this but I'm going to keep it as short as possible because I have a very specific question. I am a REALTOR and intimately familiar with the home, the property value, and the rental value...
Gawain Kim
Would real estate agents want a simpler closing process?
Hi everyone!I have always thought that the closing process was unecessarily inconvenient and manual. A buddy of mine in tech was telling me how he was playing with the idea of creating a solution to make the closing p...
Jack B.
Computing time in inspection period
We were mutual the night of the 8th of this month. Inspection period is 10 days. Doesn't the inspection contingency period end on the 17th of this month?This is in Seattle, WA.
Shawn Mcenteer
how to find the truth about rental income of property
If an agent or homeowner is telling me a property rents for X how do I know that number is true? Can you request proof of monthly income or do you comp other rental properties to determine if true?
How do yo...
Gabriel C.
Termites found after I sold my House.
Hello fellow investors, I am just starting investing and I am on the process of acquiring my first rental property.But my real issue right now is that I just sold my primary property (a condo) here in Missouri. when ...
Andrew P.
Trouble getting a HELOC becasue of DTI (lenders using tax forms)
As the title says, I am struggling to get a HELOC right now. I have 3 properties, all cash flowing really well (yes, I am including vacancy, repairs, and funding a CAPEX account). However, as a result, of my tax forms...
James Morrissey
Tenant Screen Advice
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...