John Guinta
Tenant is late on rent and avoiding contact
Good morning from Chicago,I am an owner/occupant of a Tri-plex.I'm a 26 year old kid and this is my first property and first year as a landlord. So far so good and a really positive experience up until my first hiccup...
Tony Salazar
Fannie Mae Won't let me Flip for 90 Days
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
Rong Liu
Anybody uses OneRent Property Management (bay area)
I just received a phone call from OneRent after I post my rental ads. This property management company says they charge for 5% and rent is guaranteed due on the first of the month. I read review from yelp and it sound...
Joseph Lucas Jr
Series LLC.. Can I move it?
Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
Alexander Vasquez
How do I handle looking to young?
I’m 24, I’ve just graduated college about a year ago, and I am just getting into real estate. One issue that has become a hinderance more than I’d like to admit is the fact that I look so young. Most people say I look...
Rod Desinord
Why does everyone seem to despise Armando montelongo?
A lot of these how-to guys seem to be not really liked much by investors I have noticed.
Aaron Moayed
Still 7-12% Mgmt Fee for $600 Rent?
If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
Herm M.
Meeting the BPO Agent....
My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...
Donald Stevens Jr.
Help! Sketchy tenants
I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
Nathan Gesner
What do you think about Tenant Unions?
Here's an article: https://www.wsj.com/articles/t...With rent rates increasing dramatically, a housing shortage around the country, and new generations that feel entitled, I suspect we'll see more of these. I find it ...