Brian Barfoot
How do you structure your late fees?
I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...
Jeremy H.
Tenant wants to break lease (CA)
I have a tenant who says they are buying a house and must break the 1 year lease and want to move out November 1. (so it's not even 30 day notice! 12 days away?)They have just been here the 4th month. What do you ...
Mario F.
Analyzing a potential Deal
Hello! I was wondering if I could have some help analyzing this property in Inglewood CA. It's on the market for 255k but there is no way this will cash flow for that price so I won't even try to buy it unless they...
Julia Yagodina
Private Money lending process
Hello,I have a property under contract and decided to raise private money to fund this deal. I found an interested investor and we agreed on terms. Loan will be secured by deed, no points, monthly payments deffered un...
Dan Shelhamer
HELOC vs. Cash Out Refi
HELOC or Cash out Refi? This may be a dumb question, but just wondering which one is better to use? Which one is a cheaper way to do it, or are they basically the same thing?I currently owe $176k on my primary resid...
Nathan Gesner
Landlords: How do you prevent Security Deposit disputes?
Fighting over the Security Deposit is one of the main issues between Landlords and Tenants. What steps do you take as a Landlord or Property Manager to ensure the deductions from a Security Deposit are not disputed? I...
Kirsten Ostby
Early lease termination fee charged to Military with orders?
Hey fellow investors and professionals. I have a question about charging early termination fee and wondering if anyone knows the correct legal answer. In my leases I include an early termination fee for those who deci...
Barney Davis
What’s the point in a lease?
I have a tenant that signed a two year lease and is wanting out after the first year due to a pregnant wife. I discounted the rent from $1400 to $1350 if they signed a two year lease. I have a $1350 deposit. This happ...
John Coulter
Does and HOA have to disclosure prior to trustee sale?
Hi, new to BP and love what I'm seeing so far! I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...
Jennifer Irwin
Zombie foreclosure in Texas
First of all, I had never heard of a "zombie foreclosure" until I started researching. I have found a vacant house in my parents neighborhood which I am very interested in purchasing as a home for myself. Both as ...