Hi All! Looking to open a discussion on the legality of running credit checks on section 8/DSS tenants.Question: If the government program is not paying 100% of the rent, are we able to pull a credit report? Example: ...
We own an unimproved lot within the city limits that we are in the midst of entitling for commercial (office-warehouse). The issue is that there is a water line about 21 feet into the property, too close to our propos...
Hey BP!We are purchasing a mobile home park in a community of about 16,000 people. There are several smaller towns along the outskirts that have a few thousand people in each. The closest large metro are is about 2 ho...
Hello BP Fam, I am closing on my Co property currently. I have plans to rent 2 of the 4BR to traveling nurses. However, I was not in the BP community and did not know ANY of this golden knowledge when I bought my CO h...
Hello Everyone!
I have been wanting to get into real estate investing for over a year now. I have done all the research and I am ready to get my feet wet. I have come across a duplex that 79K. 100% occupied with 1400...
Hi All,
I thank everyone in advance for their feedback. I own a three family in Portland, Maine. Just as a forward, I have read through the other forums on this topic (specific to Maine) and would still appreciate s...
Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
I recently own approximately 1.5 acres of commercial real estate zoned R-3 moderate density multi family in Green Bay WI.I talked to a developer who estimates site fully developed could fit approximately 3 buildings o...
Considering buying a single-family unit for mid-term rental to traveling nurses, etc. Each room will be rented separately.How will lenders determine net income for calculating DSCR (ratio)? An LTR estimate will be muc...
Would love to see what everyone has to say!