I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Hello, we rented our house to a coupe claiming they only had a cat. but now our neighbors are telling me they have a little dog. I by no means allow dogs in my house for so many reasons. I am just very confused and ve...
Does anyone know how to evaluate a cashflow rental property before trying to wholesale? I am talking to a lady about two cashflow properties that she wants to sell, so she can move up to a larger multi-family! she and...
Hey BP, my grandmother bought this property for my uncle to start a business. Long story short he ran the business into the ground and now my Grandma is hemorrhaging money on taxes every year for this thing. It is all...
Hi all,I have a rental property (Condo) in Miami, FL. I was extremely happy with the work done by my realtor listing the property and getting me good tenants quick at the price I was looking for back in 2013. The tena...
Hi, I just closed on my 1st rental home and will close on 2nd rental in 3 weeks.Where is the best place to buy/download a good rental application form?(I didn't like some of the wording on the free one from BP).Same f...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Hi everyone,
I have a complex decision I am trying to wrap my head around. I am selling two SFH set to settle in Jan and am trying to decide if 1031 exchange is the best option. My main goal is to have funds for a de...
Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...
I have a single family home that is coming up on the end of the term. I got word from one tenant that they would not being staying and the other does not have the ability to pay. It's gets pretty sticky from there, ...