James R.
Off Platform Bookings - Too Risky?
Hello Y'all. We get a lot of requests from guests wanting to book off platform. We didn't want to mess around with a rental agreement and a deposit etc., because it is short term, 30 days or less. Plus, you have to...
Account Closed
Corona Consequences - Landlords Are Part Of The Solution
We have all been thinking about and living the Corona Virus. I suspect that most of the BP community is in the same state of mind as me which is, doing everything I can to work it out in my head but obvious and defini...
John Carbone
Smoky Mountain Slow Down?
The last 3 weekends the traffic on the parkway from Sevierville through gatlinburg has been pretty much a ghost town on weekend evenings which ordinarily are jammed traffic. The last few years it was wall to wall this...
Shaka Farrier
How do I negotiate this duplex without scaring seller away
Hey BP, Ive finally found a small multifamily here in the Hampton Roads area Virginia. It's a small duplex built in 1953 that is in very good shape. I plan utilizing my VA loan and owner occupying for the required yea...
Dan Beaulieu
What to do when an appraisal comes back low when selling!!??
Hi everybody and thanks in advance for answering my question! I have 24 hours to respond to the buyers so I hope somebody will provide me with some direction. I recently listed a rehabbed property for sale at 539,000....
Kyle J.
Problem with circuit breaker that keeps tripping
I have a double 20-amp circuit breaker where one of the breakers keeps tripping (halfway between the on and off position). The breaker that's tripping controls 4 outlets on a kitchen island. One of these outlets is ...
Alex Silang
How scary are balloon payments / short term debt?
Right now I'm in residential 100% because of the availability of 30 year debt. Balloon payments terrify me, am I overreacting?Not being able to refinance is one of the ways you could lose everything. I can't imagine h...
Ryan Nelson
First Property - My Agent Has a 6-month Client Option
I'm closing on my first rental property this week. My realtor just reached out to let me know he has a client building a house that needs a place to stay for 6 months. Obviously, I was hoping to get a 1 year tenant....
Scott Stark
Can students who are unemployed but on scholarship or get stipends they say they will use to pay rent? If so can I work with the school and directly receive payments from such a program?
I have a young couple who are unemployed but say they receive money from scholarships that they would use to pay rent. Anyone heard of this? Any way to get this money from the school? They are young (probably no c...
Arjun K.
Help me understand landlord insurance
I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.
I solicited quot...