Good afternoon, BP.Let's say you want an applicant's monthly income to be at least 3X the monthly rent. A) If the applicant is an employee, would you just subtract the average expenses found on the bank statements fro...
When evaluating tenant applications what minimum requirements do you have?
To qualify for a mortgage debt to income is talked about a lot, but not so much for renters. Do you take that into consideration?
I have a four plex and I am wondering what the opinions are of sticking with one water meter vs submetering and letting folks pay for their own water? There are dish washers in each unit and washer hook ups. Thank you
Hi Guys,BiggerPockets will be DOUBLING it's podcast production to TWO episodes per week for the month of December. Hopefully this is great news for everyone that enjoys the show! And, this means that we will need to f...
My wife and I are looking to invest in small multifamily housing in Milwaukee, WI. We are finding a lot of properties (especially duplexes), but the thought occurred to me, are tenants paying their rents with eviction...
So I am looking to wholesale 10+ unit apartment complexes, because I have a buyer that is looking to buy that kind of RE. I have no clue how to find motivated sellers for that type of property. How do I target sellers...
Just saw this news in my Facebook feed. TLDR: the wise city council has moved on from solving global warming by banning plastic grocery bags and is now on a mission to protect innocent homeowners from you predatory in...
There are a lot of posts on here where folks are looking to follow the BRRR method and avoiding the 6 months to refinance. Lenders that offer a cash out refi on investment properties without a seasoning period aren't...
Good day BP forum! I have had tenants for the past three years and they are amazing. A definite step up from the family of horrors that came before (had to clean up poop smears and replace screens that were burned thr...
I am currently looking to purchase a MHP. I know in the beginning it is important to evict people in order to get it operating more smoothly. Is anyone having problems with this due to certain states putting a hold ...