Ronald Perich
Rich Dad, Poor Dad is a Terrible Book
If you look over the Best Real Estate Books blog post by @Brandon Turner you will see Rich Dad, Poor Dad as one of the best business books for real estate entrepreneurs. I will admit, I found it to be one of the best ...
Scott C.
Cash reserves: How much should a buy and hold investor have?
I'm a buy and hold investor and I have a question about cash reserves. How much is enough?
We have 2 and soon to be 3 (closing on December 3) SFRs. One is rented now and the 2nd one should have a tenant in it...
Shedrick Boyd
Am I being Tested OR Am I being told to Wait?!
Currently in the process of getting financing. Going to be a owner occupancy conventional, so only need 5%, I’m on board!Lender tells me they can’t use rental income because I don’t have 2 years rental history...Now m...
DeVonte Jones
General requirements for obtaining home investment loan
Hi,I am actively trying to purchase my first investment property. Are there general requirements for obtaining a loan? - (ie. Certain credit score, cash on hand for down payment, etc)
Lawrence Henkel III
Unauthorized new roommate
So we received this email from one of our tenants who is one of 2 roommates in a 3bedroom SFR. We state in our lease that we must approve any new roommates and we must be notified if you will be having a guest stay fo...
Karyn L.
Renatus: After DETAILED research I just don't get why?
Hello BP People!
II'm sure questions about Renatus have gotten somewhat redundant however I query as it seems to me such prior by individuals about are often too delicately verbaged and therefore NOT responded to in...
Ben Daniel
multifamily / commercial loans terms
HI,
My name is Ben, and I have a small portfolio of 12 (8 SFH+4plex) units I purchased in the last 2-3 years.I plan to buy multifamily 8-16 units by the end of the year; my budget is up to $1.2M.
I never apply for a...
Rachel Miller
Tenant Early Terminated Lease Without Permisson
Hello, I have a tenant that wants to terminate his lease earlier. He sent me a 31 days notice already to see if I accept his early termination lease without paying penalties and he said if we didn't accept he would st...
Chris Baek
Debt Service Coverage Loans
Hi, Does anyone have experience with this type of loan? And if so, how do you determine if you will be approved for a DSC loan? Thanks, Chris
AJ Pryor
[Advice] Allowed rent deferment due to COVID, tenants moved out
We acquired a 4BR SFH in 2019 used as student housing. There were existing tenants and a lease in place - the lease had some issues (such as being rented to individuals instead of as one amount and with no parental gu...