Hi BP Fam! I have a question regarding a prospective tenant with a move in date of June 25th, 2021. I currently have my Los Angeles unit listed on various websites and have a few people looking at the place. The prosp...

Hi my new tenant asked if she could install her washer and dryer with her own $. As much as I want a happy paying tenant (she is so far a good tenant), my concern is the installation part. What if her contractor accid...

We have pleasant, reliable, and non-complaining tenants with us for a year now, and we are thinking of extending their lease for two years instead of just one. The only disadvantage I can see here is that we may have...

I was recently asked about working a joint venture with a gentleman in my County. He explained he is looking for people to work with and explained some expected cost I would need to consider in our pre-screening call ...

Hey BP. I'm looking to get my next investment property next year . My strategy is house hacking /buy and hold. I recently got my gf into the idea of investing and she agrees on finding a 4plex or 3unit . The only issu...

I am forming an LLC with another partner/member to facilitate the purchase of properties via short sales, REOs, and trustee sales. Having one LLC will make it easier to have all income and expenses accounted for under...

When a potential tenant turns in a application how much of a deposit should I get? If accepted it will be applied to first month rent or how does everyone else do it?  I also don't charge a fee which I tend to believe...

I have a client that I am providing funding for in Massachusetts. We planned to fund a back to back transaction for over $1M but the short sale approval letter from First Horizon MetLife came back that it must be held...

Scenario:I happed into and ultimately picked up an off-market rehab in a very hot area for about 20% of the what it appraises for.  It will be a total gut job and the renovation will cost $125k+ and take four to five ...

Hey BP!I’ve got a friend who just started wholesaling and got a off market deal under contract that’s also a great deal for me to be a BRRRR or flip home run. It’s his first wholesale deal as well as my first time bu...