Michinori Kaneko
Property manager pocketing late fees
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
Michinori Kaneko
Concern about future of real estate investing?
Hi BP,I'm a new real estate investor in NY. I invest in properties in Indiana. I closed on my first rental property last month, and currently fixing up the place to hopefully rent it out soon (should be advertising s...
Paul Stewart
Tenant is dirty but Pays on time
Hi Everyone So I currently House hack my home in Long Island NY. I have owned the property and lived in it for almost 3 years. I'm on my 3rd tenants that are a couple. They are very nice and always pay on time but be...
Garmeon Y.
Trump Nation suspends FHA rate cuts
Today was President Trump's inauguration. The administration wasted no time and has halted one of Obama's last minute legislations to cute PMI rates. Correct me if I'm wrong, but I thought Trump is pro-real estate? Is...
Elisha Keller
NACA Mortgage
Has anyone worked with NACA before to get an OO mortgage. It looks awesome on paper; however, whenever something looks to good to be true I like to put the feelers out a bit. Below is the link to the website if that h...
Ray Steele
HEAVEN OR HELL
Hey BP.This is a serious question with no time for fun and games.The Bible says JESUS CHRIST is the only way to HEAVEN.I believe it.Sooner or later we will all die and stand before GOD.If you except and admit that whe...
Sarah Buchanan
What can we legally ask in screening a felon? (sex offender)
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
Sylvia B.
Do these goofy letters actually work?
In 2011 we bought a piece of land between our house and the paved road so that we could put in a driveway and avoid using the (terrible) county road. It came with a house, so we started our landlord adventure. That pa...
Sarah Lewis
Early Termination Fees- Have they held up in court?
I'm looking for some protection against a tenant who will break a lease, especially during the winter months when it might take more than one month to find a replacement tenant. A early termination fee in the lease, w...
David B.
Contractor suddenly over budget by 40%
Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...