Andrew Halbert
Getting deals under contract without POF letters
This may be a silly question but I don't care I am going to ask. :) When using a Private or HML, how are you guys/girls getting contracts written up without a sufficient POF letter? What I mean is, There are several...
Ryan Tortorich
How do you deny applicants?
I have an applicant who has provided false employment information (company has no record and paystub has someone else’s name). There are a few other red flags but bottom line is that we aren’t interested. We sent a ge...
Jaimin Doshi
Investing In Columbus, Ohio
Hello everyone, first of all I'd like to wish safety upon everyone in this community and hope you and family are all keeping healthy in these times. I've been on BiggerPockets since 2017 and have learnt a ton of thing...
Jeff G.
How Best to Use Letters of Intent
I'm seriously considering sending out "three option letters of intent" to supplement my yellow letter marketing. This would be a follow-up letter after they get my yellow letter and don't take action.Ideally, I'd like...
Dan Dressler
New to BP from Philadelphia Area
Discovered BP after purchasing my first buy and hold property in South Eastern, PA which I have been managing for the past year. Have been reading posts and articles over the past few months and have found them very...
Austin Works
Is this a good deal?
I have come across the opportunity to buy a town house for $74,000, that recently appraised for $115,000 & rents for $900 monthly.The property is in great condition and needs no repairs at the moment. It has tenan...
Jimmy Scott
Newbie Excited to get started!
Hello everyone,I'm Jimmy and I'm from the 757 area in VA, but currently residing close to STL on the Illinois side. My only background in real estate would be working in construction for 5 years, so everything is new...
Megan Thomson
I’m brand new to all of this
Hello,I am completely new to this world of investing in real estate. I’m hoping that someone could give me some tips on what to start working on. I’m nowhere close to making my first deal or anything like that. I just...
Jenny Samedy
Is landlord contract needed in addition to co-op's?
I am renting a co-op which already has a contract about the rules and regulations for the tenant to sign. Do I need to have a separate contract with the tenant? We already agreed on the price and deposit, is there any...
Neil Hauger
Cash or finance? That is the question
Ok, really opening a can of worms here but I am interested in some diverse opinions. Basic question: Should I pay cash for properties or get them financed and leverage myself.
Background. I plan to retire ...