Hello,My tenant currently pays below market rent at least by $200 a month. They are a couple and keep the home really clean.I am afraid increasing the rent will make them want to move out. The tenant once admitted he ...
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Hi BP! I want to start out in RE investing but the area that I am in (Bay Area) is expensive. I find the risk to be higher for me as a newbie for getting into a loan to finance an expensive deal. I am thinking about i...
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Newbies on the "fringe" often hear about real estate investing through sources which churn up emotional enthusiasm over the thought of "quick", "easy", and/or "huge" profits. In truth, very few ever have the "home ru...
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I'm buying a new property. I'm remodeling the units and turning them into corporate rentals. All current tenants are on month to month leases.
How do I not renew the month to month leases for these good tenants? I ...
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When a Seller wants to rent out the home until their new place is ready, is advisable to charge them a security deposit? Since a walkthru prior to closing doesn't sound useful, would a security deposit offer similar p...
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So, long story short, we're moving from GA to AL. The mortgage guy based everything on my husband's current job/salary (called corporate and they verified my husband was employed, his salary, etc.) The problem is, a...
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We're starting to seriously consider BRRR as a strategy, but are very inexperienced with hard money lenders. I'm going around trying to set a couple of meetings to talk to lenders, I think a conversation is always a ...
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Okay, so I'm not that new...I been working my way through the Ultimate Beginner's Guide, reading forum discussions, listening to podcasts and soaking up as much as I can for the past five months or so and no one has e...
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Hi,Im getting close to closing on my 1st multifamily property and I'm in need of advice and opinions( I may need to create more than 1 post to get these answered). A little background on the property: The property is ...
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Over 60 days ago we placed a low bid on a house being sold as a short sale. The buyer immediately accepted. Now we just needed the bank to approve and the house was ours. Since this is a loss to the bank, they are tak...