Amber Smith
Who gets security deposits when buying occupied multi unit?
Hi Everyone! I am in kern county, CA and in escrow on my first 4 unit property and currently 3/4 units are tenant occupied and am wondering if I should get those 3 security deposits from the seller upon closing? I spo...
Mike Warder
Lender collecting wrong SC property tax amount...
I purchased two rental properties in late 2016 in South Carolina and the paperwork for the mortgages listed my property tax rate at 4%, instead of the 6% investment property rate. As a result each month my lender is c...
Account Closed
Advice on Pre-Screening Tenants
I just recently listed my home for rent. This will be my first time being a landlord. In my ad for the rental, I set some guidelines that should help weed out some undesirable tenants. The criteria I listed is Firs...
Brett Sorenson
Insurance needed for duplex
In August of 2013 I bought a duplex and did the whole "owner occupied" bit. So far it has worked out great and I will be moving out shortly. With that being said I decided I should probably evaluate my insurance needs...
Stephen Bennett
New member from Houston, TX
Hi, my name is Steve. I am a Jr. High School teacher of Engineering and Technology. My wife and I own six units so far and our goal is to invest in both buy and hold and flip properties. We are looking in the Katy, Wa...
Mark Henry
Seller/Property Manager lied about rental income on multi family
Outline of events- Bought a quadplex about a year ago- We asked about income/expenses from the past seller and were given monthly statements/expenses for the past couple of years which looked promising.- We have some...
Rita Koroll
Wholesaling in Florida
I am just learning about wholesaling and want to "drive for dollars" and give it a try. Is it legal in Florida without a realtors license? And do I need a pre qual letter to show proof of funds? If so will a hard lend...
Melissa Shimmin
Self Directed IRAs for RE Investing Recommendations
Looking for recommendations for companies/institutions offering IRAs in which to rollover my 401K so that I can use the funds to invest in Real Estate.
I'm looking at Entrust Group. Does anyone have experience with ...
Olivia Vanover
Can't find a way to get a loan or know the type of loan to look
Hello,A few years ago, I flipped a couple houses in Houston, TX and also I bought a couple of houses that I currently rent. I bought one as an investment for rental purposes and the other one was my primary home, but ...
Joe Davis
Newbie with STR's can anyone help!
Hey BP Team,I have stumbled on STR's by chance. I wholesale, rent, and primarily owner finance but one of my investors is stuck in a rehabbed Harvey flood home post rehab.His intention is now to AirBnb (+ all the othe...