Rick Albert
Luxury Rentals in Low Cost States
Hey Everyone!Myself and one of my investor clients (I'm also a broker) in Los Angeles are thinking of investing in the luxury space in low cost states. For example, if the median price point is in the $200,000 range ...
Kobe McDaniel
How to pre-screen tenants so I can get the best applicants
Hi All,What is the best way to go about pre-screening tenants so that I can get the best pool of applicants? Obviously we would also do this legally as well. I think I remember this from a Bigger Pockets podcast episo...
Andrea M.
Emotional Support Animal?
Although this may vary from state to state, I saw this on twitter and was wondering if there is any truth to this. I hope I attached the screenshot/ picture properly, if not here is the quote:
" You can r...
Scott Heitman
Am I required to spend time in a property to FHA qualufy?
I own a fishing boat. I fish Alaskan water for salmon. This years season is over so I plan on wintering in the harbor town of Anacortes Wa. I stay on my boat. Moorage must be paid on the vessel when in port whether or...
Leighton Adams
malicious mischief by tenant, water damages multiple condo units
A tenant caused water damage to my mid-level condo. The water went down to the lower units and caused water damage there. My insurance is covering her damages to my unit under a malicious mischief claim. The damage wa...
Rose Davis
Auction buys
Hey BP! Quick question if I have a pre approval letter and want to buy a house at an auction that i know already has equity in it, is it possible to put the money down required to be in the aution and then use the pre...
Jace Thornton
Determining Rent
I am looking to buy and hold a house for about one year and then turn it into a rental. I want to make sure that it cash flows well right now so that at the end of the year I will for sure cash flow. Does anyone have ...
Sam Liu
Convert a STR to MTR/LTR
I have a STR house in a resort town, but the city’s new stricter policies have really cut into my revenue. I’m thinking about switching to MTR/LTR with furniture included. In this area, people usually rent for 1-12 mo...
Michael Dunn
HUD ..... Property Arraisal Repair question(s) ....
I found a house on the HUD website that I am interested in, and it does show that the house is IE ( Insured Escrow )Under the Property Arraisal Repair , it lists about ( $4,900 in repairs .... Replace damaged Exterio...
Jeremy Jackson
Need some advice on structuring offer
Happy holidays BP'ers!I've found an off market property.Asking: $45kNeeded repairs: $10kARV: $75kMonthly rent: $900/monthProperty taxes: $483 annuallyHouse is in a good neighborhood, nice lot, good bones, mostly ...