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Wow, I thought this day would never come..... After three months of negotiating with Fannie Mae, I feel great knowing that I am now going to be an "official" investor. My closing date is set for Jan 2014 and I can...
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My partner and I want to find a bank to open a checking, and obviously build a relationship for later for any financial needs we may have. Does anyone have recommendations on their experiences with a particular brand?
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Hey guys, I've been eyeing Salem, OR to purchase some multi-family properties. The prices seem fair compared to the Portland area. I do recognize that Salem is not as desirable as Portland, but with all of the governm...
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Drawing up a new lease for an existing tenant. They want to setup an automatic payment directly through there chase account. The standard lease simply asks for Place of Payment with name and address. Should I give the...
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I have a single family home that is occupied by a tenant at the end of a 1 year month to month agreement. Initially, We had a 6 month agreement at $1500 a month. They stayed the 6 months and then a year, so 18 month...
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Hi All,I'm an investor renting out a property in Northern Virginia. I have a tenant problem - please help with your advice.Here's the story - this large house is currently rented to a group of 5 tenants (2 of whom are...
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New to the Bigger Pockets community and starting our journey into real estate investing. We thought we would start with a flip. Found a house that we could pay cash and offered. It is a foreclosure and the offer proce...
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Good afternoon,
I recently purchased a fourplex fully occupied and all tenants are month-to-month paying under market rent. I want to increase their rent and I have a letter written explaining the increase, but I w...
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This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...
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I'm on a mission to never have another vacancy again. Part of my plan is to notify folks on my waiting list as soon as I receive a 30-day move out notice. The problem is that I need to create a waiting list.
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