Jack Yen
guidance on how to write an LOI for office
Hi BP world,I came across the office that I like and would like to place an LOI to move forward and inspect the property. I'm wondering if anybody can give me some guidance on how to do that? Is there's a template I c...
Riley Johnson
First Post - Hey BP!
I just finished Brandon Turner's The Book on Rental Property investing. I own 2 properties in Logan, Utah near USU and I plan to continue buying in that area. While reading Brandon's book I have created my first proce...
Bill Graham
Accepting money after Eviction Notice, NH
I collect weekly for my low income tenants. Most of them seem to appreciate it. I have one who has been with me a long time now. Always a little late, always gets caught up. That is until the roommate moved out. This ...
Malcolm Shepherd
New Investor in Tucson looking to find my first fix and flip
I'm new to BP and have been active in the real estate business for three years now as an active Real Estate Agent. I became an agent so I could learn the real estate business but my primary goal is to become a full ti...
Anthony Barbato
Looking for advice for ceiling repair
I acquired a new duplex back in March and just had the second tenant move in last week. When I purchased the property, there was a small amount of pervious water damage to the ceiling in the kitchen, directly under th...
Sarah Martin
Renting a back lot for commercial storage
I am in escrow on a commercial/industrial complex with 3 fully rented warehouse buildings and a dirt lot in the back corner. Currently the tenants are storing construction equipment and personal RVs in the lot for fr...
Chance Stein
Due on sale LLC Transfer Potential Workaround
Hey BP! I have been working on potential strategies and tactics for buying owner occupied and moving to an LLC later down the road. In my research and brainstorming I have run into the issue of the "Due on Sale Clause...
Waleep Alvi
Need help about Asbestos
Found a leak in the bathroom ceiling and decided to investigate before calling someone then started to wonder if my drywall may contain asbestos. Anyone have any experience with asbestos in their drywall? home was bui...
Gillian C.
Chicago: Rules on tenants who are MTM after expired lease
Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November.
- No new lease was signed.Two questions (on...
Mark Forest
Fixing up method
I am lucky enough to have the house next door to my residence become available at a good price. I have been fixing it up since June. One thing I have noticed is that I am constantly going back to my garage for a too...