Danny Day
Short sale nightmare
Just finishing up with a short sale and I wanted to give a run down on my theory why people run when they hear the words "short sale".
Day 1 - Get listing, run CMA, price house at $10k under what I think its valued a...
Aaron Mariano
Starting a partnership
I'm looking to start a partnership with a friend. He is a Navy Officer in the Jacksonville FL area and I have known him for 20+ years. He is new to RE, but has is an educated Navy Officer looking to do something on ...
Braxton Wilson
Thoughts on home warranty’s
What’s everyone’s opinions on home warranty’s. In what cases would you get one or should you even get one at all?
Jane Smith
Tenants break lease and won’t pay rent
So, here is a fun one.After almost two years of renting our tenants are getting divorced and decided to break their lease. Their contract would have ended the end of June, but the husband moved out the second week of ...
Ryan Judah
Potential tenant meets all minimum requirements but has a felony
Hey BP members!We are turning over our first unit and just listed it a week ago. Within two days we had an eager potential tenant that is currently living w/parents while looking to lease ASAP. They've been in the liv...
N/A N/A
Whats my problem??
OK here is the deal. I already own one rent house in my home town [Rural West Texas]. I have owned it for about 9 mths. I want to buy another one for about 21k about 3k in repairs and it will bring 400 a month. I d...
John Purdie
newbie heading to Dallas, TX
hello everyone,
I've been following BP for sometime now, & I've been learning a lot.. thank you all! A few months ago I decided that I wanted to conduct a 1031 exchange into a multifamily. After doing ...
Tariq Hakeem
What Everyone Should Know About Debt
Good debt vs. bad debt
Debt doesn’t have to be a bad thing. Taking on some debt might allow you to achieve your goals or fulfill your dreams. Borrowing money can help you complete your education, purchase a home or f...
John Thedford
My First Eviction Was A Success !?!
I just went through an eviction with a very obstinate tenant. They were problems from day one. He could not get along with anyone. He fired the lawn and pool man (my agents). He fought with my realtor. He fought with ...
Justin Brasher
Contractor scammed me - help and advice request
Hi All!I’ve gotten into a predicament where my contractor hired turned out have used a fraudulent license and provided me a quotation that was way under scoped. After 10 weeks of fake photos, updates and locking me ou...