So we all agree obvious PITA applicants are to be avoided. To those more experienced out there, how do you reject them without them claiming discrimination and suing you? I'd like to tell this applicant that "I'm rent...
I have been lurking around this site for a couple of years now. In 2020 my wife and I were seriously considering doing a STR. We picked Nashville as the market we wanted to pursue. Long story short, the market was ...
Hi BP,I am scrambling right now to make the right offer in the right way by tomorrow noon. I am in the nor cal market and the house has ARV 360 so I figure my max offer allowable is 360-(55k repairs)-(my 10k wholesale...
Tell me what you think. Is this seller way too emotional? Asking price $192,000. On market for 5 days. 3 unit building. There are 3 water heaters, ALL need to be replaced. There are also 10 windows that ALL need to be...
Everyone is complaining about cash flow, but the truth is everything cash flows. It's a matter of how much you want to put down on the property. Even if you are doing a value add deal you most likely want some initi...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I am a 25 year old from Miami, FL. I started inquiring about RE investing in January, 2015, and I took action the first week of March, 2015. I started a wholesaling operation and have been steadily sending out postcar...
I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...
Hi! First time I’ve had an applicant threaten to sue. We said we could overlook credit with good landlord references, last landlord had documented that they owe a balance from withholding rent, so we denied. Tenant di...
-->> My own disclaimer - I understand any replies/comments etc are not legal, tax or financial advice and I should seek out my own professionals and hold anyone responding harmless****************So cliff's note...