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Hey BP Forums! Wanted to share something interesting with the lending community and get your take on it. I was preparing for a conversation with a lender regarding FHA 203(k) loans. I have a basic understanding of the...
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I have a 3bed 2.5ba home that is for rent and had 2 sisters and their boyfriends apply to live there. The sisters had a great rental history, credit score, etc. But neither of the boyfriends had any rental history as...
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Hello. I am in the US Navy and currently stationed in California. I will be transitioning out of the Navy in 6 months and wish to work as a real estate agent. I know it takes time to start to see cash flow so I have a...
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Hi all,
I've been diving deeper and deeper into the rental arbitrage investment strategy. I constantly come across the permitting process needed in most cities in LA. I currently reside in Venice, CA, and work in t...
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I am developing a tenant application and am a little uneasy asking for personal information. Many applications I reviewed while developing mine asked potential tenants for bank and credit card account numbers and bal...
Legal or not in your jurisdiction? Here in CA, i believe there are anti-discrimation laws that state a landlord cannot discrimate on the SOURCE of the income, nor can they refuse households based on the sex of the app...
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I have about $80K equity available in my primary residence. I also have an investment property that was purchased and held in an LLC. The bank is requesting all kinds of documentation on the investment property includ...
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What should you expect from a property manager? What are realistic expectations? Let me know if I am expecting too much and if you have any recommendations for Phoenix, Arizona.
Is it unrealistic to have a manager dr...
I'm looking to create passive cashflow in the near future instead of only acquiring quick cash in rei. So, I want to rehab and rent out. What are some things to screen my potential tenants for so that I will be prot...
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Are there any issue with utilizing the below in my rental criteria / tenant screening?1) Must be able to setup Monthly Rent Payments through Zillow’s online payment portal.2) Must Complete a Rental Questionnaire (this...