Miranda Simon
What NOT to do in Real Estate Investing
If you could offer one word of caution. If you could help save the new real estate investor from making a huge mistake that could cost them thousands or even their business...Just one word of caution, based on your ow...
Christopher L.
Permits, red tags, inspectors -- oh, my! (Caught -- what to do?)
Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
Michael Ealy
From Bankruptcy to 1,000 Units (Part 3 - How to Build an Empire)
Here’s Part 1Here’s Part 2I will answer the question: how I went from 1 house and an 8-unit building to over 1,000 apartment units and more importantly, what I learned along the way. I share my story NOT to brag becau...
John Roberts
Landlord wants to sell us the building we are currently leasing
My wife and I own a restaurant and we lease the building. Our landlord just inherited the building from his dad that just recently passed away and he really doesn't want to be a landlord. We are in a very small rura...
Jason Arnold
Yancey Real Estate Workshop: Is $40,000 for Mentorship and Training worth it
This past weekend my friend invited me as his guest to the Yancey Events, Real Estate Workshop. He paid a couple of thousand dollars to attend and a free guest was able to join so he was generous enough to call me...
Kurt Gardner
Will you do your own taxes this year?
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Zachary Giles
Should I get out of debt before investing?
My wife and I are split 50/50 on wether or not to pay off all our existing debt such as student loans and auto payments before we take on more debt to invest into real estate, or we begin saving to buy our first renta...
David G.
I'm having issues telling a tenant to remove their bike from the laundry room
Hi all. How do I deal with this tenant? They live on the first floor of a small ten-unit building. You have to walk up several steps from the ground floor to get there. The laundry room is on ground floor. The laund...
Mergim Kacija
HOA fined me $12,000 for allegedly short-term renting my condo (Chicago)
Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...