What do you recommend as a minimum number of units for a first investment in MHPs assuming you intend to use a property manager?My inclination is to start small to keep my mistakes small. I've seen some that are 5-10...
I am actively looking for ways to secure capital to purchase my first real estate investment. I have equity in my current home and am shopping out a HELOC to use for a down payment and other costs. I spoke to a loan o...
Hello all, I need your advice. I am in the process of purchasing my 3rd investment property. This will be a single family home for our son to rent from us. We are under contract and in our 10 day inspection period...
Who pays for the lock if tenants continue to keep breaking the lock? Our family has a duplex, and the lock on the security gate has been fixed and broken several times. Tenants point fingers at each other and neithe...
We got a quote to renovate a bathroom in one of our units. When he finished the project the total price came in way over. There was no mention of it being over by that much. What are my options? Do I pay the bill? Or ...
Hi BP! Longtime lurker and podcast follower of BP who inexplicably never got more engaged in the wider community.I've worked in mortgage lending since 2003 and happy to answer any questions or be a sounding board. Ove...
A man and woman (couple) unmarried signed lease. Two weeks later the woman called and wants the man off of the lease. No violence. She keeps calling and wants him off the lease, since they are not going to be togeth...
Hello BP. I am proud to say that I will be closing on my second investment property in my home town, Detroit on Monday!!!!! Despite all of the negativity I hear on the podcast from Brandon I want to take any open BP m...
(MA) Through the COVID-19 crisis I have a tenant that has been out of work, like others. They have reached out to us with concerns of paying rent until they go back to work, which the timeline is not definable right n...
I was looking at new construction townhouses as a possible investment vehicle. What tips might you have for negotiating a deal on new construction? Thank for your input.