Ken Buck
Gifting Trailers to Tenants - Any advice?
Hello BP'ers - We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or ex...
Pete Kay
Liabilities during Eviction
Folks,I'm buying a property in San Francisco which is in horrible shape and requires substantial repairs. I like to evict current tenants (as they destroyed the property already ). During eviction notice is landlord r...
Bienes Raices
How much turnaround time to allow?
If the place is in good shape, would 15 days after the end of the old tenants' lease make sense? Or do I need more of a buffer in case something weird happens and the tenant becomes a holdover?
Kyle Williams-johnson
Deal at 48% Market Value
I have a deal at 48% of market value in Newnan, Ga. I'm asking for $36,000 and its worth $75,000 the numbers speak for themselves, yet I don't have a buyer interested in the property. Someone please help why hasn't it...
Jacob Howell
How Much to Sell the Deal
After driving for dollars in Pittsburgh (finding vacant houses) and sending direct mail to the owner addresses, one of the sellers called me and said he wants $20k for his house. The ARV for the home is around $140k, ...
Cliff C.
My first offer-NEED ADVICE please
Hi!I am getting ready to put my first offer down and wanted to get some advice. This is a house in Huntsville, AL that's in good shape. I would appreciate any feedback! I feel my numbers are pretty solid. My goal ...
Richard Carlton
Lease and security deposit
Hello,I have two situations that I need advice on. I just had a tenant move out who left the house in good condition especially given they had two cats, a dog and two kids in the house. My lease states that they wer...
Account Closed
Managing property management?
Hey folks. I am looking for ideas/strategies on how to best manage property management when one is OOS. Here's the issue: I've been with a property management company for the past 3-4 months. There's always something ...
Manzell Blakeley
Replacing Lath & Plaster?
Hello - I just got under contract with my first property! It's a large (4000 sqft) multifamily brick home in St. Louis. It's a "fixer upper" and not in rentable shape currently, and the kitchen and bathroom are both f...
Albert Olivarria
"As is" "Where is" addendum
Hello all, I have a counter offer on a duplex that I am trying to purchase. The owner has never occupied the property, so there is no property condition report. They added in an "as is" "where is" addendum to the offe...