John Ellis
Finding Buyers for Flipped Properties: Questions for Flippers/Investors
For the past year I used a realtor to sell my properties. I like her she does a good job and only charges between 1-2%. However, the buyers agent will also a percentage of 3-4% Therefore, I feel I am losing 4-6% of pr...
Vic Reddy
Negotiating Lender Debt due to City demolition
HiWe need some advice on this strange situation. A friend owns a good cash flowing low income Multi family property in TX. This MFH property is 50+ years old and the City wants to enforce recent building codes on thi...
Carmen Sognonvi
Brooklyn newbie interested in multi-family purchases
Hey BP community!My husband and I have been listening to the podcast for a month or so now, and finally decided to get active on the site.We live in Brooklyn, NY, have two young kids, and own a successful small busine...
Justin C.
Strongly considering replacing windows in C grade home... good idea?
My 1st property will be ready in 2 weeks - May 1st. Its a 1910's style SFH that will rent for $650 p/m which is right at, to slightly lower than market rate. The windows are the original wood and pretty much every o...
Jean Soo
Tips on Tenant Screening During COVID?
It's my first time helping my parents with tenant screening and the demand for rent has been great. We received over hundreds of inquiries. There is definitely more demand than supply in our market. Unfortunately, mos...
David Lorenz
Is it legal to limit number of tenants residing in a unit?
Hi BP!I'm in the tenant screening process with my first rental (a duplex in Philly). The bottom unit is a 2 bedroom that's roughly 700ish sq ft. I would prefer to limit the number of tenants in that unit to 2 (1 per b...
Gene D Stephens
Experience with Adverse Possession?
If you purchase a piece of property, and know for a fact that part of the property is now owned by your neighbor due to adverse possession, would it be advisable to give that land to the neighbor to avoid having to pa...
Chris Reyes
Question on Turning a Duplex into an LLC
Hello Everyone,I am currently under contract for a duplex between my father and I. My question is, after closing, is it possible to put the duplex into an LLC. I want to ensure that both my fathers assets and mine are...
Sunny D.
Long term tenant and new property management company
HelloI finally decided that I dont want to go through the hassle of dealing with my tenant who is very demanding when there is a problem. So I signed up for a property management company service based in Sacramento. T...
Paul Winka
Which parties have a right to see a HUD settlement statement?
When a home is sold, and I am the lender (I do private lending), do I have the right to get the HUD settlement statement?