Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...
Kevin Zhang
how would you invest 300-400k ?
How are you? just a quick thought on how and where to find good cash flow such as multi-family unit ? which market? If you have 300-400k cash from your home equity loan, how would you invest this money? buy many sing...
Rick Harris
Inherited Tenants Refuse To Pay Rent!
Mother passed away Feb. 9. On Feb. 12, I gave her tenants (now mine) 30 day notice to move (not knowing that California requires 60 days). Tenant has not paid Feb. rent yet, claiming that I do not have legal title...
Annie Li
Is PM Responsible for Bursting Pipes?
Hello,I have a question about whether property manger is at least partially responsible for repair costs on bursting pipes due to heating being off after tenant abandoned the property. The property manager for one of...
Shawn Connors
Why I Failed!!!
Hey BP,Disclaimer: I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal. This was my first potential deal that did not turn out so well. I got a house under contrac...
Jim Pellerin
Is the goal to own real estate or to make money?
I get confused when I hear people talking about how many deals they've done? Or how many single family homes they own? I dont think this metric neccesarily contributes to the making lots of money. Why not just go rais...
Sawyer Smith
Scariest objects found in a property.
This past week when checking on something in the attic of one of our active rehabs, our handyman gave us a call explaining how he had found some pretty disturbing items. When he had been in there a month prior, the pl...
Corey Dutton
Top 3 Reasons a Hard Money Lender Will Turn Down Your Real Estate Deal
I recently did a survey of all of the hard / private money lenders I know in the industry. I also posted the survey on LinkedIn to get answers from the hard/private money lenders I don’t know. The question I asked the...
Ainsley Logan
Multifamily investment not working out, advice please!!
We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
Yechiel W.
Which city in Ohio to start out?
I was looking into SFH or small Multifamily and have been looking into Philadelphia and it seems not so Landlord friendly per the (landlord tenant laws and asking around) Many areas are over priced (i.e. Center City)...