William Hochstedler
Can I tie up a short-sale property while I wait for it to foreclose?
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
Carolina E.
Property Manager working over a year without a License
It was recently brought to the homeowners attention that our PM has not had a license for over a year. They failed to complete classes that would renew their license. Homeowners have had many complaints about this P...
Justin Lenk
Direct Mailing Question: Address Owner's Situation or Be Generic?
As a lot of you know, I'm currently in the lead generation stage. Although, there's a slight setback. The list provider I used (ReboGateway) provided inaccurate information based off the criteria I entered. I did 2 ma...
Roy Gamiz
Building tougher rentals
BP Nation,
I'm looking at building 2 rental houses in a college town. I've heard a few tips on the podcasts on how to make the rentals a bit tougher to stand up against the increased wear and tear they may go through...
Matthew Kirkwold
Cost Segregation Study for First SFR?
Good morning all,I am currently talking with a CPA I want to use for filing rental and W-2 income in 2022 which is the year I bought my first rental property. The CPA I'm working with has about 80 other real estate in...
Dustin Mollard
Best Way to Charge Tenants If You're on a Well.
Hi, I have 4 doors on a piece of property in Auburn, California and currently I am paying for the water. I was curious if there are people out there charging their tenants for well water, and if so, how are you regula...
Joe Tran
Cash Out Refinance on Primary Residential Property
BP Fam,After all the BRRRing I've been hearing, I've been curious about the benefits (and risks) of a cash out refi on the primary property. Attached is an estimation worksheet that the bank gave me, I'd use the mone...
Henry Clements
A diamond in the rough!
Investment Info:
Single-family residence fix & flip investment in Boynton Beach.
Purchase price: $120,000
Cash invested: $160,000
Sale price: $270,000
This 2-bed, 2-bath turnkey unit is a wat...
Scott Forney
Property Maintenance Checks
Looking for some input here on regular maintenance of rental properties. We just purchased 4 units from a retirement home, where they primarily housed elderly and disabled individuals. We have inherited 2 tenants and ...
Edwin De leon
Why Should I Buy MF Upstate NY if So WHY ? ( INVESTOR ...friendly agents pm me )
I am considering buying upstate NY. I am from NYC, priced out of NYC for investments.Why do you recommend buying upstate NY ?What are the areas upstate NY I should consider buying MF and why ?What are the B & A ...