Would you rent to a prospective tenant who has a history of late payments? From the landlord reference, I discovered that he made 3 late payments in the past year. Each late payment was collected within 1-3 days (af...
I need to know the best way to track tenants who take off and leave no address or contact information. I think this is called skiptracing, but I'm not sure how it all works. Please let me know what I need to do to t...
http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...
Has anyone ever heard of/used a physicians loan? I heard about it in passing from one of my colleages, who said he's taking one out from Bank OF America. 3.5% interest, low minimum down payment, and no PMI. I looked i...
Hi everybody, I'd like to get some feedback on an insurance question I am struggling with.
Here's the situation: I am 33% member in an LLC that owns and rents real estate. For simplicity, let's say we have a 60k home...
Alright bigger pockets i am new tot he forum and this is my first post so please be easy on me. Quick back ground on myself I currently have 3 SFR's and one vacant lot all located in Panama city FL. I have 2 of the SF...
I have just purchased my first Brrr property and am wondering what strategies are out there to get around waiting six months to refinance and get my capital back out of the project. I talked to a lender that will fina...
WE have a house for rental for $1499 a month, its been out there over a month. We have one applicant with income $7200 a year(Not verified yet) with 660 credit score, though this person is in $260,000 debt. We can't t...
Hello Everyone,
To start off with, I must confess that I'm very new to the world of real estate investment. I've been reading up on the subject for a few months now but have a LOT to learn. I live in Chicago and am...
I require an individual application for each adult occupant of the rental unit.
Now, do you all run a credit / background / eviction / reference check on all applicants or only the one responsible for the ren...