Bryan Hancock
Strategic Default or Efficient Breach?
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
Charlie Moore
How do you be a successful C-Class and WAR zone landlord?
Different markets surely require different practices...How do you manage your c class and urban properties?
Thomas DeMoss
Rental Payment Procedure - tennant make bank deposit
I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...
Taylor Chiu
My renters are smoking pot...
That title caught your eye, didn't it?I have 4 tenants in this property.So tenant A & B saying tenant C is smoking pot in the house (I've already given her a warning based on prior rumors). Also, tenant B says ten...
Faisal Farnas
Caught Tenant Smoking Weed
Hello,Looking for some advice here. I am not sure what to do. I live in one side of a duplex and renting out the other side. There is a shared laundry room. My current tenants have paid on time every month, and every ...
Micheal Waldrup
$75,000 for maximum cash flow. How would you do it?
I'm currently comfortable with using $50k - $70k of my savings to invest for maximum cash flow. I have to add that caveat (cash flow) since I'm due to get out of the Navy here in 7 months. I'd love to not have to go b...
Corey Pascuzzi
Clogged drain from hair, tenant's responsibility right?
Sanity check here, I am not responsibly for a clogged drain due to hair from the tenants, right? Tenant just told me that the drain is clogged from hair and wants me to come fix it. Should I hire someone to fix and b...
Brian Burke
Cat Litter House: Flip # 653 and it could be the worst one yet. Look at the pics and you decide.
Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Jon Hill
My goals for 2020. What are yours?
One the things I learned from BP that I love the most is the goal setting for the new year. My fiance and I started this last year and really enjoyed it, for not only personal goals but couple goals. So what is everyo...
Greg Gaudet
Enforcing purchase contract - seller canceled breaching contract
Aloha all, I’m buying a rental property, half way through escrow (45 day escrow bc I’m using a mortgage since sellers not in a rush). I found the deal off market, but still suggested the seller pay a realtor 1% to wal...