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Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
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Hello! I am from the greater Seattle area looking to get started with REI.
I am in my early 30s and recently married. I have never bought a property before, but have been saving money to buy one. I have saved about $...
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I am in the process of going through the tenant application/screening process for the first time. Currently I'm writing up some selection criteria and came across a question on income requirements. I went with the sta...
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Hello BP enthusiasts...My first two flips were successful, but like most, raising capital is a challenge. For our next two flips (both under contract)-- advisable to use Hard Money or my old (separated from employer)...
I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit. We have been renting the garage to a guy for storage and have $1250 in income for 2019, and have put about $30,000 in...
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I've been reading a lot of posts lately that follow this format - "I am just getting into real estate. I have no experience, but I've been reading a lot and listening to the podcasts. I don't have money to get into it...
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If selling homes with out a license is a third degree felony, how are bird doggers and hold contracts with option to assign and wholesalers posting all of these properties on facebook and craigslist having no ownershi...
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In another thread I asked about workarounds to being unable to get a mortgage. One person suggested that I could refinance after buying a place with cash and renting it out, the idea being that having occupants paying...
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This is a success story I wanted to share because it typical of the returns we've been able to create in our marketplace over the past few years.
When we look for deals in our marketplace, we often look to find off-m...
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Hi, I’m looking around to invest in another STR / Nightly rental property. I currently own one in Tennessee and it’s performing great! So I’m looking to venture out west to my favorite state Colorado. I’m looking into...