Account Closed
Inherited Tenant Nightmare
Hi all, I recently purchased a duplex in Memphis, TN that was occupied. This duplex is in a good neighborhood near Rhodes college. Rents are below market due to long term tenants being in place, and both leases expire...
Katherine Roberts
Site unseen and no inspection
Hi,Is it normal for a real estate broker to send you an off market deal and expect you to decide whether you want to buy it site unseen and without an inspection? They said there’s no way to get the down payment back ...
Jude Hughes
In need of QUICK deal advice
Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...
Ben Wakefield
How do I manage property out-of-state if I'm just starting out?
I live in Los Angeles, and every day I read things on BP and elsewhere that it is very very difficult to find deals here when you're just starting out and don't have a really solid team working for you. So I have ...
Joe Butcher
Lower income tenants and the internet
I have a property that is in a lower income area. Not a war zone, just a working class, mostly Hispanic area. It's a C or C+ neighborhood I suppose.
I want to put a For Rent sign in the front yard but didn't ...
Clifford Firthh
Seller carryback 1st position note - Holder will not give a payoff amount
Looking for advice on a property I'm working on. Owner had left the property about a year ago to take care of a sick relative and squatters took over the property and they haven't been able to return. They have tried ...
Nik S.
Negotiating 58 unit deal - need some thoughts!!
Hello all, i currently own a 50 unit apt building so I have a good idea about the business however I can't seem to properly value my next deal. Here's the basic details : (mom & pop run) 58 unit, occupancy is 80%,...
Dee W.
REI Education is Daunting
Hello fellow investors,
For a new person coming into the investing game, many investors say "Get educated". But the more I read, listen and learn, the more confusing and intimidating it gets.
Any suggestions on how...
Jacqueline Coombs
Inherited tenants, no rent! What do I do?
Hi, all. I just closed yesterday on my second SFR with inherited tenants who have been there 5 years. As of today, they have not paid rent for the month ( was due on the first). We tried getting the previous managemen...
Sharaya Rutherford
Interview with Broker
Hey everyone,I am finishing up my licensing course online to become a Georgia real estate salesperson. I wanted to know, how do I go about getting a broker? Is it like a interview process? Do I have to go into an offi...