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I am currently looking at my first purchase prospect, though still keeping options open to others. It is a 4 unit in a small town. So low crime rate. Viewed it Wednesday, it seems pretty much ready to rent, other...
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Hi. I am a new investor in Florida, and looking for deals with little money.How can I make a good Plan to show to a bank of any lender?
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Hello everyone,Today my husband and I are looking at a Duplex to live in and rent. The asking price is $55,000 which is negotiable. The resale value would be around $150K per unit. I'm nervous because I don't know wha...
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I would love to hear any horror stories about this? I have a friend that routinely does this, he has been busted by the bank one time, they only gave him a slap on the wrist and told him to halt all work. I keep telli...
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Hey BP! Well I just closed on my second deal and figured I would ramble about it here and hopefully have others enjoy the read. Just to give a background story. I am a NEWBIE INVESTOR in the Orlando, FL market, just ...
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I am developing a tenant application and am a little uneasy asking for personal information. Many applications I reviewed while developing mine asked potential tenants for bank and credit card account numbers and bal...
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Hello BP Community. I have enjoyed this site for months and this is my first post. I have a house in my LLC that was paid cash. I have owned it for 8 months and the listing just expired with no sale. I was contact...
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I've spent some time driving around the neighborhood looking for vacant houses. Some of these are clearly abandoned while others show more nuanced signs of vacancy. I want to send a letter out to these owners and I'd...
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Yikes. This is my first post on BP tho I've been lurking about for a few weeks. Here's the quick rundown: My husband and I live in Nashville, TN. We also own a rental house in Ann Arbor, MI (the house we lived in for ...
Hi anyone can help! After my tenant not paying since day 1 in January 2020 , I had an eviction and lockout scheduled for beginning of March 2020. Tenant filed for extension and lockout was scheduled for March 16th 20...