Shane Burke
I have a water bill question
I just purchased my first duplex in April. When doing the inspection on Jan 31 we found the outside water faucet was turned on… just a trickle but definitely running. Ground was soggy and was wet in the basement unde...
Detra Harris
New Security Deposit Laws are on the rise!
Hello, I've been getting calls regularly from start-up companies offering what they call "guaranteed security deposit fee". I'm old school and just getting the hang of online rent payment software (awesome juice -btw...
Mindy Jensen
Question About Lending Laws Regarding Private Loans
So let's say I have $X to lend. I've been happily lending it out at 10% with no points. (And no, I'm not looking for new borrowers at this time.)If a friend has his own lending business, where he is lending at 12% + 4...
Jon Kelly
How to structure partnership / multiple investor deals
Hello BP Community, I've started building a small portfolio of 4 properties and 15 units. I'm interested in expanding, and one way to do that is to bring in additional investors. I'm struggling with coming up with how...
Preston Ellis Biggs
Inherited tenant lesson being learned the hard way.
So I recently purchased a duplex in Clarksville, TN that came with a tenant in one side. Man have i learned my lesson! So I guess it started with my neglect for due diligence when it came to the tenant. I didn't have ...
Account Closed
Phoenix homebuyer duped out of $73K in real-estate scam
One click. One-tenth of a second later, $73,000 disappeared into the ether and two Phoenix home sales were derailed.It was no accident. Homebuyers across the country are being targeted in custom-tailored email scams a...
Jeremy Sexton
Office Building Maintenance Contract
Hello all,
I'm currently in the process of helping an owner with due diligence for a 10 story office building. I've had several management/maintenance companies walk through. I know this is a complicated building mec...
Rob Murden
Previous Landlord did not transfer the security deposit.
Hello, I just purchased a tri-plex here in Nashville TN, I just received a letter and a check for one of the deposits for one of the units from the previous landlord. The letter said they could not give me the second ...
Luz Domingo
Business credit builder
Hello BP, Our LLC is new and we can not be qualify for a business line of credit. We already open a business account under our LLC name. I was told by someone to enroll in a company that build business credit for n...
Harvey Williams
Can rent paid in advance be refunded?
About two months ago I moved in with my boyfriend and signed a six month lease with him. We paid the entire six months upfront. We broke up and he moved out, and now he's saying he's going to try to get out of the lea...