We run background and credit checks on our tenants. The first tenants that applied for a place we have for rent were section 8. We have developed a policy that we do not accept tenants:- with misdemeanors less than 8 ...
Would be interested in hearing others opinion on how you tend to view these types of situations. I looked at a quad the other day (4 3-BRs). The street was basically all multifamily properties. After looking through o...
Hello there. So it looks like I just bought a daycare center in Charlotte NC. Being strictly a residential investor, this foray into the commercial side of things is a little scary to me. I could use any help I can...
Just thought I would start a thread on the current STR market. We have been looking to invest in one for the last month but it seems like all the places you hear about now have already exploded like Joshua Tree, CA an...
i have a tenant that wants to pay me monthly rent through direct deposit. this would be going into the rental checking account for that specific unit. is it safe for me to give the tenant my routing and account number...
Talking about BRRR in Oklahoma City (OKC) here. How do you get the appraisal up so that you can get the most on your cash-out refi? Will appraisers take into account rental income? I mean, if I have a house that's bri...
I have been talking to fellow investors about wether it is better to own property free and clear or have some kind of money against a property even if it is a line of credit. Tax purposes is the answer I get when I tr...
Hello,
I am still working towards finding my first deal and find myself not confident enough to squeeze the trigger and make an offer. I am also investing out of state.
The following is an example:
Asking price: 13...
Hey BP! So we just purchase a property about a month ago. One of the tenants had his uncle staying with him after a separation, he must have started staying there right before we closed and took possession. Well the u...
Any suggestions on sites similar to Paperstac for buying perfoming notes? The layout is easy to navigate. Looking to purchase my first note so any advice is appreciated. Thank-you!