Michael McDermott
"Career" options for a young investor
I have 3 units under my belt as of now and all are cash-flowing pretty well, but I am still stuck in my dead end 8-4 job and I need out! I have put up with it long enough to get me where I am now but it's mentally dra...
Bryan Hancock
Seller Refuses To Pay Broker's Commission With Listing Agreement - Delaying Funding Post Closing
So we bought a small lot today that we plan to develop. The purchase was for $60k in cash using a buyer and seller broker. When the HUD came out the seller flipped out and didn't want to pay all of the commissions t...
Terri Mccullough
Nightmare tenant
I need advice or someone to talk me off the edge of the cliff. My tenant had been one month behind in rent since August of 2014. I realize this is my fault for renting with a heart instead of a business purpose and ...
Scott MacComb
Contract with general contractor on house flip
I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...
Lindsey Ceane
Government Take Over - Rentals
https://www.forbes.com/sites/rogervaldez/2020/01/07/prediction-for-2030-a-government-take-over-of-rental-housing/What are your thoughts???
David Ward
Are wholesalers unlicensed brokers?
Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
Stephen Neto
New landlord and possible tenant situation already! Advice please
I'm a new landlord, haven't even collected first rent from tenants yet on a 3 unit in a city of about 100k population. Neighborhood is rough in an ethnically diverse section, but property price and rents seemed good. ...
Shane H.
If & How would you increase rent? (Unique situation)
Hi fellow BP'ers!I recently purchased a duplex to owner occupy and have been living there since December 2017. I inherited the tenants on the other side who also happen to be excellent neighbors. They are long term te...
Pete Storseth
$1000 for a coach on finding motivated sellers?
I met a guy online that seems very ethical, so I reached out to him.I scheduled a skype meeting with him even though he's local to work around our schedules. After a generally good conversation, he offered to work wi...
Matt Hadley
Tenant suing in Small Claims Court
I was recently a tenant in California. I have sued my former landlord in Small Claims court for the entirety of my security deposit, plus interest. I am looking for an assessment of who's likely to win at trial and by...