Hey y'all, I would appreciate some input. I have a unit that a couple has applied for. Their credit is high 600s, background check is clean, and the only outstanding debt on their credit report is a mortgage, which ha...
Hello All,
I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...
Hello, When looking for the perfect tenant, what are red flags you must pay attention to during the application process? I recently had to evict a tenant and that was not fun to say the least. Thanks in advance for sh...
Hello,
I was wondering if using a mortgage broker is worth it? I know they can save me time and possibly find me better terms, but is it worth the money when they are essentially just a middle man and I can shop len...
I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.I can only transfer $19k per week to my bank. I have alot more than than coming ...
How realistic is the idea of a new investor partnering with a private money partner (debt investor) in order to gut rehab a 6 unit multifamily and get it occupied at 100% again and hold it for 5 yrs? I have read books...
Hello BP family, what have you found to be the best way to collect rent? I'm closing on my first deal soon and currently some of the tenants have paid cash through PayNearMe. But that service is not available to sole ...
my current cpa has been in the business for 40+ years. He’s about 70-75 or so. This year I just felt like it’s complicated to keep up with my invoices and give him itemized numbers. he wants it broken down specifi...
Hello,I recently saw a FSBO sign in the yard of a 4-plex. I looked up the sellers info and they live in the Chicago area and I am located in the Lexington, KY area. I am going to call them Monday and would like some a...
Hi All,
I'm freshly starting my MTR and will mainly focus on leads from FF. I have quite some questions that need your help:
For tenant screening, I plan to do the routine background (eviction, criminal) screening...