Ricardo Olea
Carrying a Note
Hey BP family,One of my mailers might have produced a potential buy and hold deal for myself. Still being so new to the game I'm not to sure how to go about this. The seller is motivated to sell, just waiting till the...
Cary Crites
NEW Member Intro - Cary from Reno, Nevada
Hi all,Just getting started with BP and it’s a pleasure to meet everyone! I’m a newbie to the real estate investing game, but have owned & rented 3 units in the Reno, NV area over the last 8 years. I’m a father of...
Olu Efunwoye
Cap rates in determining MF property value
I understand the concept of the Cap rate as a factor in the asking price and NOI. But I still need to understand how the cap rate can be justifiably fair. How can I safely put a cap rate just based on my asking price ...
Ted Klein
Too Long from first point of Contact until Lease Signing?
How long do you average from the first point of contact until you have a signed lease? We are currently interviewing for leasing one of our units and I am wanting to know what most people are averaging.We have had sev...
Max T.
Are my pre-screening questions a turn-off and/or unkind/impersonal?
After joining BP and engaging on the forums I have started using the common strategy of pre-screening folks who call and email me before I show them the property. It has worked well - maybe too well. Some people have ...
Jon Klaus
Do you take application fees?
I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...
Eric Hrlbock
College rental screening
I have just made an offer on a college rental. How do you screen since most of the students don't have much of a credit report. You do have them or their parents sign the lease
Jim Stanley
Tennant's boyfriend staying for free- what can I do?
I am renting a 5 bedroom SFR in Highlands Ranch (suburb south of Denver) to 3 young ladies who just graduated from college and are all starting to work at a prestigious aerospace company in town. All three have excel...
N/A N/A
So What was your Profession B4 Real Estate ?
Real estate has people from all kinds of professional backgrounds, some of which you'd be shocked. So what did you do before real estate ?
Jack Halldin
Tenant has boyfriend moving in
Have a small 644 sq ft condo that has always rented to 1 person. Now my tenant emails me and says fiancé is moving in with her. She has been good tenant, 1+ year, no problems pays rent on time so I'm going to update l...