Jimmy Humphrey
Larger Down Payment for "Cash Flow"
HiI am new in real estate investing and was looking to one day buy a SFD in my area. However, the "2% rule" seems totally shot in my local market. Looking at several online tools and doing some comps on Craigslist, i...
Hanna Faris
Buying my first rental property in Cleveland!
Any neighborhoods you recommend focusing on or staying away from?I plan to visit soon, but haven’t been there yet. I would like to focus on the safer nicer neighborhoods or even cities in the Metropolitan area of Cle...
Rhondalette W.
Eviction on record from 7 years ago (2008) do you rent to them?
Trying to find our first tenants. We have found a couple that we like, however the husband has an eviction from an apartment in 2008. I have heard some say that if a person has ANY evictions they would not rent to the...
Will Barnard
100,000 or 1,000, which comes first?
BP Nation is approaching the 100,000 member mark (currently at 91,000+ and the average number of members active in a 24 hour period ranges from 700-800 each day.
My question is, will we start averaging 1000 members a...
Stephanie Jamgochian
Tenant Requested Lowered Rent AND a Dog
I own a "B+" SFR in a HCOL university town with vacancy rates under 3%. I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...
Katie DeLorme
Tenant broke lease, didnt pay rent, and now wants to sue
Im not sure what to do at this point. I have exhausted several thousand dollars in attorney fees and many hours tending to this situation. We have a tenant who moved in the 1st of May and in the third week of May the ...
Amran Musaid
Long distance landlord
I live in California but all of my investment properties are in Michigan and so far the biggest hurdle has been finding a good property manager. I’m on my 5th property manager right now and at this point I’m seriousl...
AJ Wong
Interest only loans are the new black for investing in STR vacation rentals
From 2003-2009 I was 20 years old and had my first real job and taste of Real Estate for a mortgage company at HomeBridge Mortgage Bankers in south Florida.It was a crazy market and a crazier place to work, but I lear...
Matthew Swisshelm
2-3 Year Business Plan For Newbie REI
Good morning everyone!Today, I'm going to lay out the REI plan that I intend to follow over the next 2-3 years. In doing so, I hope that you fine members of BP will troubleshoot any short-comings that I do not see.Thi...
Stan Tallman
Seller threatening to break contract to put back on market (for more $)
I have a small SFR under contract that's being sold by a flipper. It's a turn key, good flip with a few minor issues. We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...