R Collins
Unknown HOA Fees
I purchased a vacant lot in a HOA located in South Florida five years ago. Before or after I purchased it, I never signed any agreement at all with the HOA. At the closing for the bank loan, I paid $228 for the yearl...
Ryan Blanchard
Suggestions on Scaling!- Second Property Opportunities
Good Afternoon BP Community!Stoked to be here and actually getting a chance to interact with the community I have been listening and reading about for so long! Little background on my situation, I am a new investor wh...
Justin Mayne
Tenant lease problem
Hello everyone. I'm about to close on a property in Oklahoma City, OK. The property has 3 units, one main house, and 2 detached garage apartments. One of the tenants first rented out the main house and then added the ...
Austin Whelan
Putting a house under contract
Hey everyone. I am a newer investor and just had some questions regarding contracts. When you are putting a house under contract how do you ensure that you have all the appropriate clauses in the contract to protect y...
Megan Stevenson
Mortgage Fraud red flag?
I recently had a conversation with my lender and mentioned I would be purchasing a property as my primary residence. I would live there while fixing it up then renting it out in a year. She cautioned I need to be ca...
Matthew Passero
NJ vs Arizona LLC - Flip in Arizona
I am working with a couple of investors who are based out of New Jersey and want to purchase, rehab, and flip a property in Arizona. One of the investors is going to contributing cash and one is going to take out a m...
Seth Gelineau
Apartment Appliance Responsibility
I acquired an apartment building in December of 2019 and it came with a mishmash of appliances. It has 4 units and the apartment in question didn’t include the fridge.
I was contacted by the tenant and they said t...
Lisa Leon
Real Estate deal with OPM and Taxes
My husband and I partnered with a friend to purchase our 1st deal. They put all the funds for the purchase and rehab cost. We agreed to split the proceeds after close. My husband and I did all the work and renovations...
Wendy Gu
Do landlords have to inform tenants about a property sale
I am thinking to sell a commercial building with a tenant. Do landlords have to inform tenants about a property sale? Will the sale affect the relationship with tenant in a bad way? Or tenants won't care if the new ow...
Marcus Flores
Sold Single Family Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $82,000
Cash invested: $23,400
Sale price: $110,000
Single-Family Rental purchased in July of 2019.
3 Bedroom...