Cain McNeil
SECTION 8 QUESTIONS (PANAMA CITY, FLORIDA)
I AM A BANKER AND PART TIME REAL ESTATE INVESTOR, LOOKING TO GROW MY REAL ESTATE BUSINESS TO A POINT THAT I MAY TRANSITION TO BEING A FULL TIME INVESTOR. MY DUPLEX (TOPIC OF THIS THREAD) WAS PURCHASED THIS YEAR FOR $1...
Ryan Weimer
Lender backed out after closing docs signed
Was supposed to close on a 4 plex Friday 3/20. Final closing docs were late getting out to me but were signed on 3/19 evening and shipped the next morning. Disbursement date on the docs was 3/20. The docs did not a...
Angel Pedroza
How to find prime land to develop in Miami?
Some of my developer clients are very focused on prime land to develop in Miami near the water. There are very few that I have found and I’m still looking but there is less and less land to develop.
What is the best...
Lorie Thomas
Lesson Learned about Tenant Applications
I've been managing a handful of rentals for the last 15 years, but you learn something new everyday either about the business or about yourself. I'm writing this as I sit here mid January in the freezing cold when e...
Manoj N.
A burned carpet and lease extension
My tenant just informed that he accidentally burned holes on the carpet. Apparently this happened a month ago and he was afraid to tell me. His lease is expiring next month, and we were negotiating for an extension. H...
Nicholas A.
Tips on how to do a successful BRRR
Hey Everybody,I am trying to get started doing BRRRs in northwest Indiana, but I have never done a BRRR before. Really, I want to get started but there is so much information out there that I am trying to make sure I ...
Michael Kev
Want to make a seller financing offer on a 4 family. What do you guys think of this offer?
My main business model is to rehab and resell to an end user.
I got a call from a guy who owns a 4 family house. The layout is a 2/2/2/1 bedroom. Fully tenanted month to month except 1 who has a lease. He say...
Jonathan Johnson
Lost a bargain buy on a big apartment, is it over?
Hello BP,I'm sad to say an amazing deal might have fallen through my fingers. There was another buyer who put in an offer a week before mine and his offer was less money but also less time. I didn't know the sellers w...
Tim Lyons
Is Section 8 really that bad?
I've been thinking about renting to section 8 tenants because from what I understand you can buy cheaper properties that aren't glamourous, and a portion of the rent is guaranteed via a government check. The cons, of ...
Nahid Alipour
New ADU law in CALIFORNIA
Looking for someone in CA that knows ins and outs of the new ADU laws. I am having a dispute with my city regarding the clarification of my house. I want to convert my garage to an ADU and build above it as part of th...