Ed Brady
OK to put Pay or Quit notice in the mailbox
Hi BP land,Last night I had to serve a pay or quit notice to one of my units. Normally I have taped it to the door, but this time, due to heavy rains in the area, I placed it inside of their mailbox which is attached...
Deepti Mikki
Advise needed on breaking rental agreement due to Covid
Hi, We are living in an apartment in high rise building in midtown Atlanta. The lease ends in November. Due to Covid, we are considering moving to a house rather than the community living since we have 2 very young ki...
Dana R.
Fixed Lease Length
Are there any rules regarding the length of how long or how short a fixed lease can be with a tenant?As long as the lease has a definite date for the beginning and end of the lease, will it be regarded as fixed leas...
Account Closed
Paying off a loan early
About a year ago we took out a $2.6M loan for a commercial property. Things got really complicated with the deal and construction took much longer than anticipated. This, coupled with a reduction on the price of the p...
Liam Marshall
Need help estimating expenses
Extremely new to real estate investing. I’ve been trying to analyze properties online and get more familiar with the process, specifically multi family. Other than using Rent-o-meter I have trouble estimating rents es...
Michael Spindler
Explanation or the Wholeseller / Investor relationship?
Hi BP,
Can someone explain to me the relationship between the Wholesaler and the Investor?
1. Do they (wholesaler) negotiate on your behalf with the seller for the terms? Or does the wholesaler and seller already h...
Brad Garcia
Interest Only Vs Principle+Interest
I have looking into financing and have come across this idea of doing an interest only loan to purchase a multi-family. The thinking is, I really don’t have a desire to own the property, but rather maximize the cash f...
AJ Cerbo
Eviction - Tenant Sending Money
Hi Everyone -I have a tenant who is on their second eviction at my property. After filing with the court, the tenant sent me a partial payment via CashApp. During the court case, the judge informed me accepting any mo...
Michael Lee
DFW-Crazy tenant candidate
so long story in short, put my ad on and received quite a few inquiries. Told everyone there will be an open house at xyz time. One lady called and claimed herself being in CA and could not show up that time, but she ...
Judy Schutz
FSBO listings on MLS
I’m tired of flat-fee brokers posting FSBOs on the MLS. I spend hours and money yearly on subscriptions, CE courses and marketing for the privilege of using the MLS. We’re not even permitted to share our password and ...