Jay Williams
1st HELOC - How to Go Shopping?
Hi BP,I have two main questions:1.) Can you "shop" for HELOC's in the same way that you would shop for an auto loan?2.) If you can shop, what questions or tips will get you the best results?A little more info:The HELO...
Phillip Koh
Seeking advise on situation and open door
Hi there I have a new construction house (3bd/2bth) I purchased / signed contract for closing this month nov 21st. I was originally intending to rent out my current 4bd/2bth property for which I have a offer from open...
Thomas Garza
Rent Price Set by Tenants Bidding
I'm curious what everyone thinks about allowing prospective tenants to "bid" on a property's rent. Logistically, I'm thinking that I could show my house for 1-2 weeks after it becomes vacant, and I would tell everyone...
Chris Parrish
Deal says "Cash only" but was able to get Conventional financing
Last Spring we purchased a single family home in Sandy, Oregon that said "Cash or rehab loan only" in the private remarks of the RMLS. After going and checking it out, I realized I thought it had a good chance at gett...
Luiza Boryachinskiy
tenant asked to move in some furniture
Hello everyone. One of my future tenants, who has already submit a partial security deposit, asked me if he can move a couch in the rental property 2 weeks before signing a lease. What are your thoughts? Should I allo...
Gentry Redmond
Good equity but no cash flow
What are your feelings toward properties with good instant equity but poor cash flow? Recently I found a foreclosed single-family property tax assessed for 183k on the market for 149k. I submitted an offer at 144k and...
Gina Stern
Looking for Meetups
Hey guys i am looking to go to several meetups in 17 different counties but am having trouble finding any of note on BP and Meetup.com is there any worthwhile meetups to go to, or other avenues of finding them. I'm lo...
Meleana Tuimoala
Lease with multiple people
How did you manage leases with multiple people paying rent for a single family home? Did you have 1 person collect rent and pay at once? Or did you have them all pay separately? Also, did you have everyone sign the 1 ...
Peter J.
How long to wait before offering rental lease renewal?
Hello BP,I have a pair of exemplary tenants that started renting from me in late August 2019. Their current lease ends on July 31, 2020. Given their status as exemplary tenants to-date, I'm inclined to send them a n...
Salina Robbins
PHILADELPHIA PROPERTY TITLE INSURANCE
Hi everyone!
I am currently in the process of acquiring a property. I am having an issue obtaining title insurance. This property had several liens on it in the past,all very small amounts here and there. I do under...