Joe White
Renting Out A SFH By the Room
As a property manager, I often get requests to manage SFH's where the property owner is renting out each bedroom - by the room. I always turn down these clients due to the legalities. You simply can't rent out 8 units...
Jody Hawkins
How's this deal sound?
Am I missing anything? I am providing financing for the deal.
Wholesaler formed a land trust and said land trust has property under contract for 15K.
Buyer (LLC, but no personal garuntee) to pay 25K for property.
...
Tenzing Jangtey
how to evict an existing tenant - looking to purchase a 2 unit house
Hi - Just joined BP. Excited about learning from you.We (my husband and I) have been living in Montclair, NJ in a two family house for the last 10 years. We bought near the high, but tenant-wise we've had no problem...
Eric Metz
Is This A Deal? Possible Lease Option
Good day BP community. I am venturing into a little bit of uncharted territory with a lead that came across my desk today and wanted to ask for the advice and wisdom of others. I've done a few wholesale deals, and som...
Fabricio Negri
First Flip in the US
First Flip in the US – Florida - Success Hello colleague’s investors,I’m writing to describe our first flip in the US. We purchase the property on Nov/16 and sold on May/17. The numbers were: Purchase: 65,000 Reha...
Chad Ballard
Working with a Bank with Seller Finanacing
I am a bit surprised that I am having trouble finding a bank (bank, local credit union, etc will all be referred to as the bank) that will finance a deal and was looking for some additional insight.
I have a producti...
Eric Devall
I bought my first rental with a tenant in it need help.
I have called him two times and left a message saying I would like to meet him and go over some things. It has been 3 days and he still has not called me back. He had a lease with the old owner but it was month to mon...
Kevin McGinnis
Tenant Screeing: Background Checks
I'm getting ready to start year 2 as a landlord. Year 1 went great, but tenants are moving out at end of month, so I'm in the process of showing my rental house, and getting lots of interest.Here's my question: based ...
Michael Krassos
203K Loan - Is my Broker telling me the truth?
Hello BP community,
I am in process to purchase a short-sale property to be used as my primary residence and am looking into financing options. Property is in need of some repair including a visible water lea...
Nick Brubaker
Help! Zillow scammer! What should I do?
Hello all,I am trying to find a tenant for my first rental property (sfh). I posted my ad to Zillow, Trulia, and Hotpads (all through Zillow), as well as Craigslist. Yesterday I called a prospective tenant for the f...