Melissa Kirchhoff
Rules for screening tenants - income, credit score, etc?
For all the landlords out there, do you have a sheet or list of requirements for tenants, like a set thing like the 3x income and set credit score amounts and anything else similar that you would be willing to share w...
Peter Morgan
How much in liability insurance coverage?
Hello,I recently changed my home insurance, it was getting very expensive this year and I chose $100,000 in liability insurance for my triplex when electing. Should I get Umbrella insurance on top of it? How much doe...
William Bentley
New investor: LLC and Lawyer Question
I've purchased my first investment home, which is currently under my name. I would like to transfer it into a LLC, which I've been recommended to do by several. What's the process? I also hear advice on keeping a lawy...
Mark Gee
Commercial mortgage bank fees when refinancing
I'm in the process of refinancing 2 rental properties with 100% equity. The deal is structured as 2 loans, one for $210,000 and one for $185,000. The loan carries a 25 year amortization with a 10 year term that adju...
Noah McPherson
Financing Options for BRRRR
Hello BP, I'll keep this simple. Can you guys open my mind to financing options for newbie BRRRR investors? I currently own one rental I bought off the MLS.
Alec Josepher
100% financing (0 money down)
Has anyone had any experience getting a 100% loan (0 money down)? I am a new attorney and just learned about a loan some banks will give to doctors, attorneys, etc. who are buying their first home. They will give 100%...
Austin N.
Owner Builder Permit Liability
Hello BP! I am in the process of getting my plans approved for an ADU in Los Angeles County. I am considering subbing out the project myself and pulling permits as owner builder. The property already has 2 units on it...
Hoang Nguen
W9 and 1099 form for contractors
Dear All,I have one rental house that is not in an LLC. Last year I remodeled this rental house. Total remodel costed about $164k. Do I need to have w9 from contractors and issue a 1099?ThanksHoang
Jessie Cervantes
Dscr Loan For Rentals | The Best Strategy?
Hey everyone, Ive been searching for the past few weeks for seller finance deals to ultimately rent to Section 8. I learned a small portion of this method from Tom Cruz, a section 8 Guru. Ive quickly came to reality a...
Monte Mabry
Houston Flood Homes Now Renting
Hey BiggerPockets!I want to see if anyone that has been buying Harvey flood houses in Houston and rehabbing has listed there home. Have you had any trouble renting the home?I've been seeing a lot of wholesale deals fr...