Account Closed
Top Laws Michigan Landlords Miss
I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...
Lynn B.
My First Mistake... I think. Rent Amount Too Low
We're renting a property because it's in a hard to sell area. An acquaintance has expressed an interest. He initially stated that he and his wife could only afford between $650 -$700.00 a month.I wanted to charge $700...
Account Closed
Pet Wellbeing Per Lease
TLDR: Landlord added lease language for taking care of dog and has neglected these duties. Landlord is aggressively pursuing damages caused by dog and will not let tenant out of lease.I currently rent a basement level...
Jason Malabute
underwriting Indianapolis and Kansas City deals
I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
Tanya Maslach
Help me analyze this deal
Hi all,I'm new to BP and am trying to start investing in more than SFH one-off rentals. I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%)...
Brett Burky
Commercial Note Purchases - How Does It Work?
Commercial note purchases are different from residential and we'd like to learn from experts in BP on how that happens. What are the glaring differences? Is it less or more steps in the closing? Is anyone an expert in...
Hutoxi Maneckshaw
Bidding on a property on Hubzu
Hi,I am looking to bid on a property on Hubzu which is REO. It said on Hubzu that it is owner occupied, but when I drove by the neighborhood and spoke with the neighbor he said that the owner had died 8 years ago and ...
Henry Clark
Self Storage- What's it cost to Build?
Was responding to a person on Cost to build storage. Just the building and not land, roads, sundry. This is for a drive up metal building with rollup door. This is a project we are actually building now. This was co...
Pat Cook
Owner put home up for sale, what are my rights?
Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...
Nate Pattee
Mobile Home Park Vacant Pad Strategy
I'm working on a 100+ space MHP deal and the park has about 25 vacant pads. I'm considering a couple different strategies to fill up the vacant pads and park owned homes but thought I'd take a pulse from the BP commu...