Will Barnett
The rate freeze
What is your opinion?
Personally I think it is a terrible idea. It's just gonna slow the bleeding, at least until rates adjust again and we are back in the same situation. I swear, when I hear Bush promoting it I g...
Timothy W.
I just had to share this news headline.....
Not kidding - this is a real headline:
"Sources: Cheney directed CIA not to discuss secret program"
Holy sh-- are you serious? Do you mean the CIA is not supposed to talk about what they do? :lol:
William Gregoire
What should I do next?
Hi All!This is my first post so I apologize if its in the wrong spot and for the length. I need some advice on how to proceed with multifamily investments. Any and all advice welcome!My story:Back in 2011 my business...
Mario B.
Early lease termination
Hi All,I have a tenant that just moved in, March 1st. We signed a 2-year agreement, early buy out clause of 30 days notice, 1 months rent.He is giving me a hell of a hard time now, he is breaking the lease for a bett...
Zach Mitchell
Pay the $10,000 fine for not occupying??
Has anyone ever bought a bank owned property during the "first look" period for owner occupants only and just paid the $10,000 fine? I found a deal that could potentially bring in a lot so the $10,000 would gladly get...
Dana Richardson
Would you lie on payment history for your tenant?
Hello,We have tenants that moved to Florida from out of state and didn’t have rental history, jobs, and also a low credit score. We rented to them as they had cash from selling their home and paid us first, last, and...
Emily N.
Can't raise rents, roofs leaking, people not paying rent -YIKES!
Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
Hal Cranmer
Should we keep our powder dry?
It looks like it may be worth holding off on buying any more real estate. Check out what's coming in this article:
http://www.inman.com/news/2009/01/26/banks-unleash-flood-reos
Any thoughts?
Christopher Gallardo
Imperial Beach Market
BP San Diego,Is anyone familiar with the Imperial Beach Market? My wife and I are looking at purchasing a SFH in the IB area to live in for 3-5 years before renting it out. We currently own a MFH in Logan Heights so I...
Monica Abeyta
Seller Counter Offer Red Flags?
Hi BP!My husband and I put an offer on a house this week that we absolutely loved. The sellers came back with a multiple counter offer with some terms that didn't sit well with us. What do you guys think of these term...