I own a 4-plex in Texas and recently leased a unit to 19-year-old. He indicated that he had NOT been convicted of a felony on his application and the background screen came through clean.
It’s been less than a mon...
I have been a serious investor for about 2.5 years now. Closed on 8 deals (49 doors) mostly multi-family. In all this time I've never been faced wth the following situation and wanted some extra opinions on the matter...
We had an applicant with Sec 8 in November for a unit, and we submitted a packet with him for the unit early in November. We then, throughout November, turned away any other Sec 8 applicants, since we already had sub...
Well, I took last Wednesday (10/18) off from work and sat in front of my computer for nearly 10 hours. My goal was simple, to snag up an amazing deal at the tax deed auction. Needless to say that did not happen. Al...
Are you paying your contractors by the hour, or by the project, or by square footage?If you are paying by the hour how much do you pay per hour? If you are paying per project how much do you pay per project?I've been ...
I attended this year Paper Note Event and it was a great event. Very minimal selling and great information. Thanks Bob and Alison for this great event.
Now i understand about notes but still clueless on transactions....
Found a Freddie Mac REO property that was in great shape.My agent provided me comps from the last 6 months between $274,000 and $305,000 so I thought getting this property for $199,900 before it went to the investor p...
Hi All,Thanks for making Bigger Pockets a wonderful community where I learn something new every day! I was hoping to get some advice about portfolio lending for single family rentals. To give you a quick background,...
I have a tenant that has given a 30 day notice, which puts their move out day at June 25. They get keys to their new place June 5th and plan on having the unit "move-in ready" and surrendering it by June 12. I explai...
Hellooooo all !
I'm a few weeks out from closing my very first property. WooHoo ! It's a house-hack with one tenant and myself on the property. This tenant's rent is below market, but I see that his lease includes m...