Don Chen
Current tenant want month to month after current lease expires
I have difficult dilemma with one of my rental properties. The current lease expires on 7-31-16. This is a great time to get a new tenant. The current tenant does not want to renew for long-term lease. They want to ...
Bonifacio Capuyan
Out of State Rehab: Contractor Ghosted Me
Hello Everyone, This has been a great resource for me as an amateur real estate investor. I'll jump right into my dilemma. I purchased a fixer upper in Dayton, OH (4bd 2ba) in April of 2017. I chose the same contracto...
Mary Ainsworth
Tenant has no income but money upfront - too risky?
I know people say not to accept tenants if they have no active income, but this is a medium-term tenant who would stay 3 months and they can pay the entire 3 months upfront. In this case, is it a risk to let them stay...
George P.
How do you overcome this obstacle when wholesaling a property?
Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
Sean Autry
So Frustrating!!! (Inherited Tenants)
I have owned my first rental property (triplex) for 3 months, and two of the units have been late every month- like a couple of weeks late each month. The previous landlord was VERY lax. Every month we call and it's...
Robert Steele
One caveat about 1031 exchanges
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
Kevin E.
Re-learning Investor moving to Jackson, TN
I've been soaking in BP for a couple of months, now it's time to reach out. So, hi.Backstory: bought my first property in Nashville, TN but was yearning for the west coast and my newlywed bride gave me thirteen years ...
John K.
Are agents locked to a location?
Hey BP,Well I am toying with the idea of becoming a real estate agent. Yesterday I was fortunate enough to get a fantastic deal on the required course for New York. So I will probably be more active here with question...
Yanna Almonte
NYC- where to buy to hold and rent with 700k budget
Hi friends from bp, I'm a new to bp. Listening to bp podcast and watching video as a starting point. I'm looking to buy in NYC metro area as investment to get som cash flow. I don't find any deals for multi-family. M...
Jeff Brandfas
contractor lies
Frustration is building on my first flip. I hired the lowest priced contractor out of three (learning that really is a bad idea) and he claimed he's never taken longer than 5 weeks to do any job and certainly wouldn'...