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We are finishing up a rehab project right now and the contractor that was doing the work was doing a horrible job, taking too long and causing a lot of issues, so I decided to fire him this past Friday and cut my l...
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Hi BP people,Was offered a nice home in an upscale subherb north of down town Los Angeles Ca. Being my first wholesale buy I find it rough, the terms being dictated by the wholesaler are a $25,000 nonrefundable earnes...
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Hello. My partner and I are both starting out and bought a SFR to buy-and-hold. We made the mistake of getting absolutely nothing in writing. He was unable to qualify for the loan, so I took on the mortgage. Two month...
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This year more than ever we thought it would be appropriate to give something to our tenants. If you paid on time all year and had been with us since Dec 2019 we gave them $100 gift card to a local business. Half th...
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Hi STR investment elites,Are you strategizing for 2022? What is your goal? Which market are you going to invest and why? Let me hear your reasonings!
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I'm buying a property that's already running as an Airbnb. I've been having a hard time finding out whether the listing can be transferred to my Airbnb account, or whether I have to create a new one. I'm assuming it's...
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Hypothetical Question.You have a renter and they are late with a payment. You charge them a late fee, but the next month, rent shows up on time but no added late fee. What do you do?Is it worth evicting someone over...
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Just got off the phone with my attorney hoping to get some news about the backlog of evictions - we discussed a proposal a judge is putting forth to require proof of rental compliance before being eligible to file ANY...
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Background Information
1. Tenant is out of the apartment
2. Owes 7k +/- in back rent / heating oil
3. I have TAW agreement and a document he signed on the day he moved out stating he owes the above mentioned monies,...
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The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...