Kelly N.
Tenant wants to move to larger unit with dogs
Hi all,
I am wondering about keeping some apartments pet free, but in the same house where there are already dogs (previous landlord allowed)?
I have a triplex with two one bedroom units in it. One will be vacant i...
Colonel Boothe
What type of hard money lending scams should I look out for? Are there any legit lenders out there?
Ok so I've been on here for a little bit looking to network with some potential HML's. I'm in central ma, and the rental market here is very very very profitable. But who has 25% to put down on every apartment complex...
Jeff Mills
What numbers/conditions would it take for you to buy in a ghetto?
I'm looking at a small apartment complex where based on my numbers the cap rate could be around 25% and the COC over 70%. Rents are around $450. It's also mostly renovated, just needs 10k - 12k left according to the s...
Jamie Watson
Occupied Tax Lien Properties
I'm a newbie to tax lien auctions. In my county (in Indiana) they have over 1000 properties going up for sale on Wednesday. I drove around doing my due diligence on them and most of them are occupied. I'm really no...
Brian Gibbons
Interesting Calculator Site for RE Investments
http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...
Debbie Schoemann
hard money loans..
I am looking into getting a hard money loan..I want to use my Paid off home for collateral. I'm looking for only less then 20% of the value of my home..Credit is terrible that is why I'm thinking of going this route I...
Veronica Thomas
Do you make your tenants clean before they leave?
Just curious, do you expect the tenants to clean prior to vacating the property at the end of their lease? And if they don’t, do you charge then a cleaning fee? Obviously if this is expected, it needs to be in the s...
Luke Eckert
New Investor Plan Minnesota
Hey all! I'm just starting out located in the twin cities area (MN). I closed on my two bed one bath condo in April of this year and didn't stumble across BP until shortly after. I really like the idea of building a m...
Kelly Mae
Is providing a fridge/washer/dryer a must now for landlords in AZ
Hi, I have a rental in Gilbert that has been sitting on the market for a month. It has been reasonably priced, with new carpet new paints, in an highly desirably area. My PM said there was a lot of showing traffic. Ho...
Di Ye
One of a rental applicant couple has lower credit
Hi! What do you guys do if a couple apply for your rental unit, one of them has a great credit score, and the other one doesn't?