Nicholas Varner
Frauds and who they target
Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...
Steve Fitzgerald
Tenant vs property management company
I use to self-manage, but hired a property manager. I’ve been fairly pleased with the property manager. No real complaints from me. My tenant on the other hand has complaints. The tenant moved in before I had a PM so ...
Marco Calderon
Unique deal with seller who owes more than property value
I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...
Jeff Ronningen
Accounting Software
Long time reader, first time poster. I'm building a portfolio of properties, have 5 currently which total 14 units. I'm about to form my second LLC. I plan to keep growing and will probably create more LLC's. I ha...
Will F.
Attempt to Collect before Sheriff Lockout?
Hi I just went through a stressful 4 month eviction lawsuit over a sub-lessor who was not paying rent.
We're a couple days away from the Sheriff finally coming to lock them out...what a relief.
Anyways I was wonderi...
Nicholas Rickman
Who knows how to build expedite my credit building.
I was encarcerated for nearly a decade. My wife has amazeing credit. I have zero credit. I opened a secured line and am useing that. I pay it off so to avoid interest. I bought a truck but we had to put it in my ...
Matt Tallent
Tenant Screening Service Recommendations?
Hi I am looking for my first tenant. Does anyone have any recommendations on a background/credit check service? How do they work and what is the fee? Thank you
Rafael Norat
Lifelock, Identity Force, Credit Monitoring Services???
Does anyone have experience with credit monitoring services as such? I recently had an identity theft issue and am considering options on how to better protect myself..Any opinions/ thoughts would be greatly appreciat...
Wesley Kuo
Dilemma Choosing Tenants For My First Rental Property
Greetings BP family,I have a duplex in Whittier, California. Both units are identical: they are each 3b1b, 1,035 sqft, and single car garage with street parking.Currently I have 3 groups of tenants who I'd like to ren...
Oliver T.
Aggressive tenant complaints- time to lawyer up?
I'm an absentee landlord renting out my old house. I hired a local property manager to handle day-to-day issues and tenant relations. Our tenant is a young attorney who never fails to remind us of her profession. M...