Katrina Wallace
Buying a property with existing tenant on month-to-month
We are in the midst of purchasing a property with an existing tenant that has a lease that has become month-to-month. The rent on the property is under market value and we plan on raising it. When should this conver...
Janine Mills
Prior signed lease deposits when tenant becomes month to month
PLEASE HELP CLARIFY THIS ISSUE WITH DEPOSITS...Here's the situation:Tenant came in 2/2017 with an annual lease, paying first, last and 1 month security. He was never sent another lease until 6/2018, which asked for a...
Katherine Earle
Inherited Tenant with a vicious dog
I’m about to close on a property where the landlord only had no written leases. I got them to sign an estoppel certificate to confirm what they pay and when and what the security deposits were. It’s come up that one o...
Zach Hubert-Allen
I can't login to BP App on Android
Hello BP!I am currently trying to login to my account on my android phone. However, it keeps telling me that the password or username is incorrect. I have logged into BP on my computer and my phone(outside of the app)...
Jon Westover
How to use your House Hack income to buy your next home
I've been running into some issues in talking to lenders about getting another primary mortgage and getting my income from my house hacked current home to qualify as income to offset my Debt to Income Ratio. I current...
Spencer Cuvelier
Mobile Home Help!
Hi all,
There's a mobile home for sale in my area, here are the specs:
- Built in 1975
- 2 beds, 1 bath
- Walls, floors, windows (aside from one bedroom) were remodeled in 2015
- No central air but has window AC ...
Joseph Murders
Rent to Own
Is any sort of "Rent to Own" program legal in the state of Texas? I see a lot of investors doing this sort of thing, but I am not sure how they are structuring their deals. If this sort of thing is legal, how do ...
Rita Ayala
Investing in condos in south florida
Need to know the best places for a cash investor to keep the property and rent it out. In Deerfield pompano beach, coconut creek, coral
Nathan Hui
Quadruplex Expense Estimations
BP People,
I am under contract for a quad! It will be my first potential deal. Planning to house hack with FHA, very cliche.
When you calculate expenses for a quad do you set aside higher percentages of rental in...
Jonathan Tavarez
Hard money for owner occupied rehab
Hi BP fam.I have been trying to understand this for some time, in my area hard money lenders won't do loans if the person purchasing the property with the loan plans to move to the property after rehab, what is the re...