John Miller
HUD has Kept My $5,000 EMD
In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
Alexandra Preziosi
College towns
I am under the impression that an investment in a property in a college town will have instant demand for renters. Is this a fair mentality to have when assessing whether to purchase a property in a college town? In a...
Grace Ng
Problematic Tenant Asks For Dog Despite No Pet Policy
Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...
Byran Parson
How many can you manage by yourself?
Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
Ryan Scritchlow
support dogs what can and cant I do
I am in Illinois. I will allow a single dog of certain breeds and age in most of my rentals. there is an additional $50 a month charge and an additional 600 pet deposit. I have a potential tenant that is interest...
Frank Harris
New Build in Cape Coral Florida
Hello, I'm just getting into real estate investing and my first deal (well maybe) is gonna be in Cape Coral Florida with a new build. I took out a HELOC for 150k and I already bought a lot in Cape Coral for 55k. The h...
Michael Zuber
How long did it take you to go from full time job to full time investor
Just curious if some of the full time investors out there might be able to share some guidence on how long it took them to go from working for the man full time to living 100% on their investments?
I have been in the...
Austin Green
Cashing out 401k, Is it as bad as people say?
I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...
Marc Globensky
B unit Tenant filed Department of Health complaint to try and get out of lease early.
Hey all,
Thought someone would find this story helpful or entertaining at the very least. Also advice is also welcome.
A little bit of background on me my experience and the tenant. I have been managing Retail, ...
Account Closed
Out of State Turnkey: Shocking Home Inspection report?
In the process of purchasing my first turnkey property out of state. Just got the home inspection report, and it sounds like a disaster. Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...