Betty Urban
How do you do showings out of state property in Peoria, Il?
Recently purchase a property in Peoria but don't want to use a property manager. Thought about using smart access like Showmojo but worry about squatters. I thought about asking my handyman to do showings. Love to ...
Kathy Benavidez
Tenant Responsibility or Wear & Tear?
We had tenants move in a few months ago.
Yesterday they sent the following picture claiming that that was there since they moved in. (During the last walk through with previous tenants, that was not there at all)....
Adrian L.
Stock Market, Interest Rates and REI
As a newbie eagerly looking for his first buy and hold multifamily property, I'm trying to evaluate the direction the market is heading and wanted to get your opinion. My concern is buying too high with a possible im...
Navid A.
Need help on how to get paid
Hey BP,I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wa...
Timothy Bormuth
Question about transactional funding
First let me say this is a great sit Im glad I joined.Now to the question
If the end buyer signs a contract with me for a property then backs out lets say a week before closing am I still responsible to buy the prope...
Ben Breuner
How to handle accounts/taxes on a joint ownership property?
My partner and I are unmarried and just purchased our first rental property. We live in California, but the property we purchased is in Kansas City. We're working with a property manager and I want to ensure we get ou...
Deanna Coffey
Renewing lease without one of the roommates
Hello All,
I have a single family condo (PA) currently rented to 3 related tenants on a one year lease ending in Feb. In speaking with one of the tenants it seems things have gone sour with one of the roommates (not ...
Chad Wilhelm
Disposition of Deposit related to Cleaning and Pest Control
My new tenants have found where the house was not clean enough upon moving in and I have had to get a cleaning service to come in. They have also found ticks in the house, and I have had to get an exterminator to com...
Heather Moore
Refinishing cabinets- most durable method?!
Hey BP- Quick question, we want to spruce up the cabinets in our rental (they’re the traditional light oak cabinets). The cabinets are in good condition but I’d like to change the color to give the kitchen a facelift ...
Melissa Kirk
Converting a 4 Suite Office Building into Commercial Condos
I'm considering purchasing a commercial office building that has 4 suites. My own business currently leases one of the spaces. I would like to then convert it into a commercial condo. I know I would need to establis...