Anthony G Mannino
Tenant has the money but will not mail rent
I have a tenant going on the third month not paying the rent. She wants me to make a 3 hour round trip to meet her so she can pay cash. She has a job. I sent 14 day notice to pay or quit as certified mail in which she...
Anna Marie Holland
Suffering from Deal Paralysis for First Investment Property
Hello!
I’m new to the investment world and have spent the last few months getting to know as much as I can about the current market and absorb as much information as I can find, but I had a few questions before I di...
Bob Malecki
Are fractionalized deed of trusts allowed in Washington state?
As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
Erick Garske
CPA Comfort Letter
My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...
Asa Hunt
What happens if you can't participate in a capital call?
Hi, folks. It looks like there's a mandatory capital call forthcoming in a project I'm an LP in. I can't contribute more money at this time so have no choice but to be in "default".
Besides not being able to collect ...
Luka Milicevic
Rent is almost late...
Hi BP nation.
I only have 1 property and I am relatively new to landlording. My tenants have sent checks on time every month. Usually arriving no later than the 28th each month.
It's the 2nd and the mail man just ca...
Tarek Wazzan
My Success In Wholesaling
Hello Everyone, I would like to share my success with some of you.... I have done 2 wholesale deals over $50,000 and i just wanted to let newbies that wholesaling works! If you're on the verge of giving up, please don...
Patrick Senas
Do I need a lawyer?? Duplex Purchase Dispute
Hi,So I've started previous discussions on here regarding my dispute with the sellers over the EMD. Essentially I removed all contingencies on day 17 (part of the counter offer from seller) under the impression that m...
Vernon Gray
Bipassing brokers and agents ?
Hi fellow investors I have a question for anyone familiar with creative financing. What would be the best way to reach a seller with your offers when an agent or broker won't pass your offers on to the seller they are...
Mark Forest
Appliances
Some of my rental properties already have appliances like refrigerators and dishwashers. I want to put into the lease that these units are just there as a courtesy, and the tenant is responsible for any repairs of re...