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I know right now this assuming mortages is getting popular and I understand why it's appealing. I'm not a fan of encouraging it when there is a possibility of a due on sale though. This led to me thinking about the li...
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Want your thoughts on this. So, I am in the middle of purchasing a co-op unit for a flip. The property is being sold as-is / cash only by the management/Hoa of the development. The original owner stopped paying the ta...
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So my wife and I bought an auction property and finally closed on it Oct 21. The property came with some tenants that we need to vacate. We will be moving in to the property since it was bought as a first time homebu...
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I've always done 12 month or longer leases, I've even offered discounted rent for signing a longer lease term.
But lately I've been hearing a lot of talk about month to month leases on Bigger Pockets and at my REIA.
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This question is for the professional home Flippers out there in BP land. If any of you wouldn't mind sharing some details, I would greatly appreciate it!I'm starting a Flipping company with my cousin. We will be the...
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You need to protect your assets, trust me:When people are getting started in real estate, they often assume they need to form an entity like an LLC or an S corporation first thing. The two main reasons for this are to...
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My lease states that if a tenant breaks the lease and moves out early, they must pay a penalty equal to two months' rent. One of my tenants broke the lease and moved out. I put a lot of time and effort into finding ...
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Hi, I'm thinking about charging pet rent instead of a non-refundable pet fee. Does anyone have any experience with pet rent? Can I just update my pet agreement and change the language to a monthly payment or do I need...
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I'm trying to find quality tenants by doing credit and background checks. 1 applicant's credit and background check and income verification matched my criteria so I accepted their application. After I accepted the app...
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How do you structure an offer to a seller for owner financing? How do you ameturize the loan and payment and balloon payments? I've seen some properties I would like to make an offer with seller financing but I don'...