Rob Cee
What should I do with this negative cash flow rental?
I have a negative cash flow property out of state I bought about 10 year ago that was a mistake before I knew better. Trying to decide to take a big hit and sell it cheap or hold on to it and hope market recovers. ...
Michael M.
Heloc on Heloc on Heloc forever?
I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
Benjamin Barredo
Wholesale Deal Structuring
Hello BP Investors,I have a straightforward question - unless you somehow are able to make it complicated. How do you structure your wholesale deals? With the seller and with the buyer? Example - the seller:How long t...
Roy C.
The logic behind long term tenants
I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
Andrey Y.
401k scam or not? Taking the plunge..
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
Let's discuss Jerry Norton's Powerflipper 3.0 with a finder's fee of $10,000 for any deal you find them. I THINK IT'S A SCAM. If anyone has had success of has had a deal accepted by them where they actually paid the...
Jay Hinrichs
OK who has received all or most of their rent this month ?
I will start my two rentals paid one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...
Stephanie Smith
MN - how to remove unwanted holdover tenant with covid restrictio
I just purchased a property June 1, 2021. The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave th...
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Corey Pascuzzi
Clogged drain from hair, tenant's responsibility right?
Sanity check here, I am not responsibly for a clogged drain due to hair from the tenants, right? Tenant just told me that the drain is clogged from hair and wants me to come fix it. Should I hire someone to fix and b...