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I recently received an application from a potential tenant, who wants the following:(1) Rent for three years (maximum allowed by my state) and pay the first year up front(2) The first right of refusal to purchase the ...
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Hello BP Community,
So here we are at our 1st turnover on one of our properties. Now, that our tenants, who at first agreed in May of 2019 upon signing the lease, to direct deposit their rent and paid for only 1 mont...
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Hey there!I am currently a college student in Washington state, and am extremely interested in investing in real estate right after graduation. As of right now, I believe that a small multifamily home will be a great ...
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I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
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Hey guys, could you please help me out? I have a house and I’m trying to pick between a few tenants. The house stinks because there was some animal poop or something and I don’t have time and money to replace the car...
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Good day BP!!! I am screening my 1st tenant and she seems good on paper ... so far. She's given me her pay stubs, ID, completed application and the app fee. I've verified her employment with HR. She's been with th...
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I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
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Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...
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Hello! This is long, but I really do need help, so if anyone's dealt with similar issues, I'd love to hear input on options. I closed on my 1st ever rental property (SFH) in Indiana November 2018. Got it fixed up and ...
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So was reading this little known book, "The Book on Managing Rental Properties" by this no name hack Brandon Turner... ;) And noticed in Chapter 4 it mentioned that military history is part of Washington's Fair Housin...