Kyle Domini
Tenant had a stroke and is hospitalized
I have a tenant who had a stroke. He went in a week before rent was due. Now rent is 15 days late. Not sure when or if he will able to return. A family member finally reached out to me last week and said they would t...
Kieran Donahue
Looking for some advice on acquiring a piece of land with MH.
I live in a community of mobile homes that are generally on 1 acre lots or larger. Discovered neighbor is being foreclosed on and I'm guessing they have 30 days to vacate. The 30 days are up on the 11th and the prop...
Marcel Itzik
Tenant braking a lease? Brooklyn NYC
Hi I have 10 units and its the first time I have to deal with problematic renters:
here is the details.
its a couple with a child, They did not sign a lease on purpose when I sent it in September but they started to...
Jim Foil
Rehab Project Management Software
Hi all,
In my quest to streamline efficiencies for rehabs I defaulted to my normal way of managing projects- namely using Microsoft Project or Excel. In thinking of all of the dependencies that go into a reh...
Jaison Emmanuel
Appraiser Value is less then Sale price? what should I do
Hello BP members...I have a flip home that's in the contract for $132K.The buyer is going thru an FHA loan, and the appraised value came out to $125. The buyers don't have the 7K to cover the difference, and b/c its...
Carter J.
401k liquidation considerations
Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
Ratesh D.
Multiple Single Family 1031 exchange
Hi, I have several Single Family homes that I am thinking about selling and buying a multifamily. I want to avoid any taxes on the sale and have read about 1031's which make sense for selling a single property for ano...
Chris Chappell
Self-Directed IRA and BRRRR
Is it possible for a person to use their own Self-Directed IRA to buy and rehab a house, then get it refinanced to pull the IRA money back out as a method of buying a rental property? If so what would be the difficu...
John Baker
Is this seller motivated?
I talked with a seller who contacted me through craigslist. He texted me once, and I didn't respond for a couple of hours, and then he texted me again. Then, after the second text he sent me, I responded and we talked...
David B.
Dumb mistake - Dealing with utilities
Hi All, looking for a little advice.I started renting my house a little over a year ago. Everything went fine and they moved out when their lease was up, (well 15 days early but... they had paid for the month, eventu...