Nicole Wood
10 unit 5 home package as potential deal
Tomorrow I am looking at a package of 10 units spread through 5 homes. There is one triplex, 3 duplexes and a single family home for 320000 or so. Just looking for some advice on the non traditional terms we have come...
Yadira Gutierrez
Condo Hotels - what's the catch?
Hello BP Community,I have been presented with an opportunity to invest in a Condo Hotel.It seems too good to be true...Are you the owner or are you buying the right to rent it out only?Anybody can shed some light?Than...
Colleen F.
HW baseboard heating, smokey burner,and cleaning is this fair?
SF unit with hot water baseboard. Tenant calls saying the oil burner off the kitchen started smoking up kitchen/dining area. Turned off the furnace and accelerated the furnace cleaning by 1 week. Furnace was fine, ma...
Dana Dunford
National Property Management Firm
Ali Boone wrote a great blog post on the characteristics of a phenomenal property manager. Why isn't there a national property management company that strives to streamline the process to provide great management?Comm...
Heather Harrison
Stilt House worth a flip?
Hello Investor friends,I am just starting out wholesaling and, hopefully flipping soon, and found a property that interests me. BUT it is a stilt house. Asking is $169k on an acre of land with comps between $300-$450k...
Mike S.
mid month move in: prorate rent or change due date?
When you have a tenant moving in the middle of the month are you prorating the first month and then collecting the next rents on the 1st, or are you collecting a full month and changing the lease contract to make the ...
JD Ruiz
School me on master leases/sub-leases
I was reading through a discussion recently where one of the contributors mentioned making money through master leasing or sub-leasing. It sounded like a really good way to benefit from cash flow with minimal risk and...
Francois D.
Liability lawsuit testimony
'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
Jesse Glatz
BP Cash Flow Calculator
How do I ensure the mortgage payment and property insurance amount is correct in the monthly expenses section? Can someone let me know their thoughts on this analysis? Is there a simple formula you would use to determ...
Ricky Snow
my first contract
I believe i have my first deal but im not sure how to get it under contract i am a Realtor the house is single family priced $20,000 under comps needs carpet seller is motiavated how do i get started without tradition...