Patrick Philip
How much money should I be expecting to make from flips?
I'm ready to buy my first rehab project and I've been running the numbers and kind of disappointed about what I'm finding. I get my deals through local wholesalers.... My price limit is $150,000 for the whole project...
Pauline Herschel
Tenant Forgot To Exercise Option To Renew
I have a family currently renting one of my properties that had asked for the option to renew the lease for the first year. The lease had explicit language stating how to exercise the option, and it seems that they h...
Alex Hogle
Out of country tenants not paying rent! HELP
These tenants are from Saudi Arabia and are here for college at UTEP. I have two tenants in El Paso, Tx renting a home from me. They owe just under $2k not having paid rent on the first. They have dodged me for the pa...
Dan Simpson
Potential rehab house advice
So a realtor buddy of mine showed me this house today. He's found me two great houses previously that I bought before they went on the MLS and went for higher prices. I'm considering buying it but would love some advi...
Joseph Pytcher
Renegotiating a HUD contract, Need help!
I have a HUD home under contract, needs a lot of work. About $40k, and I am in it way too high. Will HUD renegotiate their contracts or what is the procedure? Obviously, we didn't get estimates until after the cont...
Jerry D.
Land Lords Lein
I am in Texas and have this clause in my lease for non payment of rent. Has anyone ever performed one of these? If so how did it go?
John M.
Flip Income Tax help needed (and appreciated!)
Oh man how I hate doing taxes! Although I must admit that as I learn more and more, it does get a bit less intimidating. I've got pretty slim chances of getting an audience with a CPA this week so I hope one of you ...
Sean McCluskey
Do you ever walk away from a BRRRR?
Hey BP!I have a question I'm noodling over, and wanted to see what you think.Do you ever walk away from a deal that you believe you can BRRRR? I'm looking at an REO in Indianapolis, in a solid C-area, that would likel...
Edward Briley
How to get financing to flip an entire town?
I know of a small town that is in need of having many of the buildings in the downtown area flipped. The town sits on a river, however, most of the buildings are not in a flood zone. Some of the attached buildings h...
Abhilash Joseph
Tenant had a Heart attack
What are the options and advice for a landlord who has a tenant who states that she has had a heart attack, and she is already late on 2 month's rent. Assuming she's stating the truth, and giving her the benefit of be...