Ray S.
Contractor overages
I've been doing a rental property rehab. The contractor hasn't come close to meeting any of his target dates, and has gone over budget many times. What is the best way to keep him on track and hold him accountable for...
Kenny Simpson
Mortgage rates in the 4's and 5's in 2023?
The FED is slowing pace on rate hikes, the consumer is slowing and the economy is headed into a recession? These are all guesses at this point and some believe this will happen or is happening. If the FED eases with...
Eric G.
That's Just Criminal
Anyone see this?Oakland bans criminal background checks on potential tenantshttps://www.latimes.com/california/story/2020-01-21/oakland-bans-criminal-background-checks-on-potential-tenants1. Is this fair to the law-ab...
Dwayne Hirsch
Government and your phone records
To many people the idea of being constantly watched and monitored may not seem like anything new. Minorities, in general, have never been so trusting of the powers that be to think that they wont abuse said power in t...
Rick Camacho
Problem Tenant
BP community! I am negotiating a property which has a tenant that has failed to fail a single dime of rent for eight months to it's current owner and am working on how to get him out. (NOTE: tenant has expressed int...
Steve Furst
Why Would Someone Sell to a Wholesaler in this Market?
Hey all - I have a few questions about wholesalers. This is a bit lengthy, but I appreciate you reading through and considering my questions, perspectives, and thoughts. This is not meant to knock the process, but rat...
Michael G.
Litton Loan - Buyer agrees not to sell within 90 days
This clause was in a memo sent to me from Litton.
1.) Arm’s Length Clause - “Seller and buyer each represent that the sale is an “arm’s length†transaction and the seller and buyer are unrelated to each ot...
Dee Xixi
RE: Business plan looking for partnership. Please critiques and bring suggestion
I. Executive Summary
Apanou Management, LLC was created by two self-driven business partners that saw the potential in the current Real Estate market and would like to make a difference as well. We strongly believe t...
Mathew Deines
About to close on our first 4-plex... Now what?
We are about to close on our first 100% 4-plex in San Diego, CA. We are inheriting all tenants and leases. 3 tenants are month to month and the 4th just signed a 6 month lease with current owner. We need to evict one ...
Matthew H.
What to do while saving
Hello BP community. Newbie here.
I am currently saving up for my first property. I plan on purchasing a duplex, living in one side with a roommate, and renting out the other side (i.e. the infamous house-hacking).
F...