Jamal White
Type of questions to ask REO Agent?
What types of questions do you guys recommend asking an REO agent? What are some red flags should I look for in a shady REO agent?
Abdenour Achab
How would you mitigate the environmental risk
I live in California, and bought a tax lien certificate (technically a Certificate of Purchase) on vacant commercial land in Arizona, sight unseen, at an online auction. It's 36 acres, assessed at about $100,000, and ...
Sami Gren
prospective tenant doesn't have full security available
I received an application for a rental and everything looks fine, income, credit etc. the rent is $1600 and security deposit is a month and a half, the total to move in is $4000, however they only have in savings $290...
What should you do if you suspect financial infidelity from a partner? Money is a taboo subject in many marriages, and it doesn’t help that some spouses take a hands-off approach to personal finance. As you might imag...
Nick S Koval
Condition of a 4-8 plex rental.
Newbie Looking for advice. The red flags (condition of the property) one should be looking out for on their first walk-through with realtor?
Chelsea Jeffers
Inheriting a tenant
I am a prospective buyer in the process of making an offer on a multi family unit. I was able to read the current lease agreement for one of the tenants currently occupying the property. There was no security deposit ...
Johnson Michael
Tips for getting into multi-family investing as passive investor
Hi BP family,
I am a relatively new real estate investor. I am about to get into a multi-family syndication as a passive(GP) investor. The minimum investment is $50K.
1. Is there anything specific I need to query/l...
Kenneth Honer
Second Duplex Lending Struggles
Hello Everyone,
About a year ago, I purchased a duplex in Spring City, PA (Chester County) which I currently occupy using 10% down FHA financing. It's going very well so far and I'd like to repeat the process again w...
Tom Kilburn
New possible tenant
Hi everyone!
I purchased my first rental. 2 bdrm in a small town. Interesting call today from a potential tenant: she lives in Canada and has almost 2 yrs left in her contract and then will be moving back to this ar...
Drew Leonard
Requiring bank statements ?????
Trying to get under contract on a 5-unit, and only basic table of rent, expenses has been provided. Seller adamantly opposed to providing bank statements for income/expense verification. Is that a huge red flag? Are f...