Hello BP,I started my real estate investment career a little over a year ago. I bought my first three properties within two months of each other. Two of these were turn key rentals and the other was a rental rehab tha...
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...
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.
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...
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 ...
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...
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...
I've copied a facebook conversation below. This is the only renter or TB that I am friends with on FB - I normally don't do that. But, with this one it has given me some insight into their spending habits. The back...
I'm 18 and have no credit history. I've only worked 2 part-time jobs so far and am starting a new one in July. I have sufficient funds for down payments but I won't be able to get any mortgages and I don't know how...
Hi Guys, I live in WV and it is not a hot market. Median income is ~$30k and population is 50k in my area. Houses aren't selling here, yet there are lots of them for sale. Rental market is high, HUD rental assistan...