Bian Dahab
Income verification for travel nurse
Hi, I have a prospective tenant who is a travel nurse on a 13 week assignment. The background check, credit check and eviction history came out fine.
But the candidate is refusing to provide a verification of income...
Vincent Gamboa
Which comes first? Company or the properties
Hello all,I am newer to REI as well as BP and I'm close to looking at actually obtaining my first property. I was wondering, is it better to start a company such as an LLC before I start buying properties? Or does it ...
Benjamin Fye
Financing more single family rental homes.
Hi, very new to this site and have been listening to the podcasts (which I feel are a wealth of knowledge). I will give a little bit of a snap shot of what I have going on. I live in MN in a city of roughly 90K peop...
Patrick M.
Screening and New Tenant Intake Procedure: Any Suggestions?
Dear BP Community:After rehabbing my first unit and getting all my ducks in a row, I am on the cusp of being ready to go out on the market for the first time as a landlord. I am excited, and nervous! I would love to g...
Dale Vance
Cash out refi to buy more real estate.... why?
I hear all the time these investors who talk about buying a property, fixing it up and then pulling all the money out to buy another property. What I can't understand, is that if you pull 80% of the equity out to buy...
Tom M.
Cashout Refi when using SD-IRA
Hi all, considering opening a SD-IRA with an old 401k account.We'd like to use the SD-IRA funds for the down-payment to purchase a multifamily apartment building.Come someone chime in on whether or not we will be allo...
Sarah Jones
old lady
This is an interesting question.. What happens if you buy the property from a lady with the only heir is a cousin and you buy it subject to .. she is 70 .. what happens if she pass away... is the property yours to keep?
Rich Brecklin
New member from Illinois
Hi,New member here from Peoria,IL. I have been a licensed real estate agent for 6 years, but only full time for 10 months. I was a Peoria Police Officer for 13 years, my last 3 as a violent crimes detective. I swore I...
Tom Shaw
House Hacking a Cash Purchase
My wife and I are pretty much total newbs to the REI world, so forgive me for the potentially stupid question. There are probably a number of reasons why we shouldn't house hack a full cash purchase on a 4-plex in Pin...
Kaylyn T.
Buy out co-owner and avoid capital gains
Hi BP community,I want to buy my co-owner out of a property. Does anyone know if it's possible to pay all cash to take their name off of the deed, thereby avoiding closing costs, refinancing, capital gains, etc? It's...