Amber Gonion
St. Paul follows Minneapolis lead in limiting landlord rights
A little heads up from our local realtor association “The City Council on June 3 postponed a public hearing and vote on the SAFE Housing Tenant Protections, which would mandate several measures meant to protect tenant...
Taylor Jones
Do people like losing money in the Smoky Mountains?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Vaughn Franklin
VA Home Loan Uses/Second dwelling
Hey guys! Just learned about BP from the ChoosFI crowd and am super excited to dig into this. My wife will be active duty AF in 2020 and we will potentially be living in the Chesapeake/Norfolk, VA area. We'd like to u...
Account Closed
"NO SECTION 8" "ONE PERSON ONLY" & "BACHELOR PAD"
Legal or not in your jurisdiction? Here in CA, i believe there are anti-discrimation laws that state a landlord cannot discrimate on the SOURCE of the income, nor can they refuse households based on the sex of the app...
Michelle Watt
Opinions re: first-time home buying in Los Angeles
Hi everyone,Posting a newbie question here, but wanted to get your opinions since I joined BP last week and I am still at the books/webinars research phase. I'm currently in Los Angeles (Century City/Beverly Hills ar...
Paul Fagot
36 unit apartment complex ADVICE!!!!
Hello BP, Something has came to mine and my partners attention a day or two ago and were just looking for either help or advice! We have gotten in contact with the owners of a 36 unit apartment complex. (18, 2 beds 1 ...
Oliver Santiago
Inherited tenant who lives in the unit for more than 20 yrs
Hello everyone, I am currently negotiating on buying a 2 unit property in my area. When I looked at both units, I asked the tenants in one of the unit on how long have they’ve been living there. They told me that the...
Johnathan Swayne
Tenant Refusing to Acknowledge New Property Manager
The rental is in Tacoma, WA. We have had a problematic tenant for some time, but back in Nov. 2021 we switched from managing directly to have a property manager take over. Our property manager was formally introduced ...
Casey Roloff
Advice for dealing with Tenant issues
Hi!I'm in need of some advice for dealing with two problem tenants. I recently purchased a 4-plex in Arizona and inherited 3 of the 4 tenants (2 out of 3 on Section 8). At closing, I immediately accepted a 4th tenan...
Ben Stout
Should an "A" Flood Zone Kill a Buy and Hold Deal?
Hey everybody, I've gotten myself into a heck of a pickle and I'd like to share this (hopefully brief) account to solicit advice and warn others of potential flood zone pitfalls. I bought my first rental 10 years ago ...