Andrew S.
Raise rents or pass on utilities (RUBS)
Hey BP,I have a 6 unit property that is currently below market rent by $100 - $150 and the previous owner paid for city water, sewer, and garbage. The property is in a smaller town where water is a flat fee (not mete...
Joe Worley
Special Concessions for Military breaking a lease
I have a tenant that broke a lease and says that Military personnel ( I believe he is in the reserves - not active duty) can break leases with no recourse if they move due to military obligations. Does anyone have any...
David Hertz
Creative financing strategy
Hi,I'm looking for some advice on how to create the right strategy for a creative financing project:The basics:The seller wants to continue living in his house. Purchase price is 500K. Rental income is about 4800/mont...
Patrick Desjardins
Failure to pay at foreclosure auction question
Hey guys,I was foreclosing on a 2nd mortgage in Florida and just expected it to revert back to us and end up as a rental subject-to the first. Someone actually bid on it and had to deposit $7,500 but then didn't depos...
Kirsten M.
Collections in Albuquerque, NM
If you own properties in ABQ, but live outside of state, what agency do you use to serve tenants late notices? What are the fees associated with this service?
Robert Piller
Needing a Good Make-Ready Company in Houston--Any Suggestions?
I have about 30 SFR in Houston area--20 in NE and the rest scattered among the suburbs.
I'm looking to switch my make-ready company.
The basics: General repairs, fixing up/touching up a house after move...
Edward Bethea
Wholesale question/ Buyer
Hey guys! I need some help! I have a potential wholesale deal lined up but I have an out of state buyer who says he’s interested. How would I facilitate this deal since the buys is out of state? Any help would be much...
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Finding that next deal??
I am curious as to how you find a good real estate deals. I have been doing my research and there seems to be a ton of web sites and adds that say they can provide you with information and contacts to great deals but...
Sean Illman
advice on purchasing my first multi unit
any advice would be great. The Purchase price is $209000. building is in a residential area with maybe one or 2 properties able to rent. On bus route close to schools and malls . Great location
Jack Stone
Open escrow account for year rent
I have a tenant who is moving to our area from out of state to rent our place and they want to put up the entire 12 months funds for rent in advance. We arranged this because it was their good faith to ensure they cou...