Nathan Williams
seller lease backs in a hot market
I recently had a deal fall through for a SFR purchase in Indiana after a lease back request from the seller. I was frustrated that this desire wasnt communicated to myself and my agent during our communication with t...
Andrew S.
Late rent charge unpaid in Cozy
I recently had a tenant pay partial rent on the 4th (rent is due on the 1st with a 5 day grace period). They had asked if I'd drive by to collect a third part check but I told them I don't accept third party checks. ...
Tyler H.
Originator pushing loans through different states to avoid laws??
I have a client who was in contract on a small investment property in which he found a company that would "broker" the relatively small 50K loan. (80%) There was a number of red flags and horrible communication.... To...
David Luu
Regarding sending letter by mail to neighbors or landlord for matters of discussion
Should you send it as certified mail first or as regular mail (with tracking or not), and then if no response resend as certified mail?This is new to me, and it occurred to me, reading online, that recipient might be ...
LaToya Morris
Lender Demands Payoff 3 Weeks After Closing
Hello everyone,A client closed on a cash-out refi on 12/26/23 and we received the final settlement statement that morning. The lender's payoff amount was good through 12/31/23. He used a hard money loan for partial pu...
Account Closed
Finding a Partner
If you found a potential partner what do you do to ensure a successful partnership? What information should I be asking for to confirm they can provide their part of the financials and can follow through on our deals?
Kevin McCrossin
Seeking tips on managing first property (duplex)
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $230,000
Cash invested: $46,000
About to close on my first Duplex and very excited. Going to try to self man...
Laura Cardenas
Making myself a resource to my tenants during COVID-19 crisis...
Hey BP!
I would like to put together a formal and professional email to send to my tenants as a point of guidance and support to them and also give show them resources they have regarding COVID19. I want to communica...
Danielle Netko
Requesting feedback on a text to a tenant to raise rent
I own a condo out of state and in the past my dad handled most of the communication with the two tenants I have had. The current tenant I've actually never spoken to. He is the perfect tenant, he takes care of the pla...
William Thresh
Commercial tenants not paying, how should I structure?
I have a good number of commercial properties and fortunately a lot of my tenants are essential. I just sent out my May statements and a few tenants responded that they are non essential so they will not be able to pa...