Joe Podwats
Tenant’s Bank Account Seized by IRS
Tenant claims their bank accounts were seized by IRS and money was garnished for back taxes. A couple rent payments were already late. This will be the third time the rent is late since the money garnished was the ten...
Brent Freeman
Chapter 7 Bankrupt Applicant
I have an applicant that advised me she recently filed Chapter 7 bankruptcy. I didn't discover this via credit check. He offered it up freely. Normally, I would consider this an automatic reason to pass. However, t...
Caleb Charles
Management software??
Greetings All,
I am a new member to BP. I am a multifamily real estate investor from Randolph, MA. My company also invest in commercial multifamily properties while providing conservative returns for investors.
I h...
Bethany Phillips
Tenants Want Reimbursement for Broken Washer
Hello, I was made aware by one of my tenants that the washer was broken on sept 14. I called my handyman immediately, who was able to get there two days later to take a look at which point he informed me it was out of...
Jose Varnadoe
In need of some advice
Hey guys, I haven’t been on here much lately but I was hoping that you guys could give me some opinions. So I really hate my job, I’m not even sure what my question is, but k want to get my real quick state journey st...
Andreas W.
Incentives for lower water usage?
I own a condo inhabited by four unrelated individuals, which is legal in Raleigh, NC. As landlord I pay the utility bills and just don't get how each resident can use 86 gal of water daily. I was told that this is not...
Jon K.
Are "deposit insurance"/alternatives instead of security deposits legit?
Are "deposit insurance" instead of security deposit companies legit?
The programs where tenants pay a smaller amount/fee to "guarantee" a security deposit? The ones where tenants buy "insurance" (if that's what it's ...
Andrew Noway
Quick Deal Analysis
For a commercial medical building:BasicsBuilding Purchase Price: $4,000,000Building Appraisal: $4,300,000Estimated Deal Term: 10 yearsSenior Debt: 3 millionEquity Raise: $1,000,000Acquisition Costs: $85,000MP Contribu...
Laverne Moore
Loan or Line of Credit
Just starting out. Using equity. Should I use a Loan or Line of Credit? Should I use a Mortgage Company or Credit Union? In the Houston Market, should I fix and flip or house hack a duplex?
Mark Ahad
Small apartments in Hamilton.
I’m looking for small apartments in the Hamilton area and my broker suggests I make low offers and/or better terms as apposed to last year’s hot market. Will sellers become more flexible? Any Ideas?Thanks. Mark.