David Hughes
⚠️ Non Qualified Mortgage & Advice For Fellow Newbies. 🚨
After 3+ years of studying methods of how to finance a building in my early 20s with limited income and minimal credit history, I’ve stumbled across the reality that the “professionals”, (loan brokers & local real...
Alex Mora
What to consider when shopping for home loans?
Hey BP family, I am in the process of filling out loan applications to get pre-approved for my first duplex investment that I will be living in, out here in Portland, OR.I wanted to get a different perspective from ot...
Jay Y.
Overly conservative loan officer?
Hello all,I'm looking to get a couple more rentals this year and after speaking with a loan officer with a specific bank, I wondering if he's being overly conservative or if it's all warranted? Here's my situation:I ...
Mark David
Questions for an Expert Property Manager in LA
The perfect tenant for years...and then, WHAMMO...they turn on you like a pitbull. Your professional input would be appreciated.1) The flooring in the kitchen is cracking. Instead of repairing the damage, I offered to...
Jane S.
More Freaky Follies From Friday’s Rental Journal
NEVER remove for rent signs or cancel internet rental ads, until lease is signed, cash paid, and new tenants are in process of moving in!I had an applicant whose application showed NO debt, NO loans, etc.The screening...
Jorge Pla
LLCs and How the come into play for a Beginner Investor.
I am 21 years old and have been building credit for a while now, I am now preparing to purchase my first rental property, however I was considering opening an LLC, not so much for the liability protection but for the ...
Stephan Nemeth
"House hacking"
I am currently in the process of looking for a 3-4 unit property to "house hack" (live in while I rent the other units) in the Atlanta Georgia area. I am looking to put the least amount of money down to keep money fr...
Darius Kellar
When realtors buy their own home, how does commission work?
My wife is a about to be a licensed realtor. How does commission work when it is time to buy or sell?
Tom Server
verbiage for repair..
So, looking to purchase a co-op and the co-op is offering a credit towards replacing the floors.
"Buyer to receive $5000 credit at closing, Buyer agrees to replace subfloor with 3/4 plywood, mildew resistant and sou...
Baley Whary
Tenant Screening: What if gut reaction is "no" but credit, etc. checks out?
I've read the ultimate guide to tenant screening and I've also been reading on the forums and another book, and I hear people say, "look at the car the prospective tenant drives" or "get a feel for how they present th...