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I own some rentals in blue collar areas. Some houses are notorious for being occupied for 3 months no issues, then late payments, then partial payments, then no payments, and eviction. They cash flow excellently whe...
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Hello BP! My name is Mark and I live in beautiful Oklahoma City (GO Thunder!). Primarily a commercial property investor, but recently got into residential properties with 2 sfh rentals.I'm negotiating with an owner of...
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Hi BP Bay Area community. New investor here. I am trying to figure out the best way to leverage lending to buy additional properties. I have 2 properties with lots of equity (estimated: 800K). I looked into convention...
Young (20ish) couple presented as working 'wife' making 3x the 2-bedroom rent monthly, and non-working ucla grad student 'husband', recently relocated from midwest, and with no children. Employment checked out so I ac...
Good evening.
I am a landlord with a few rental properties and I am seeking some advice from other landlords on how they collect rent from their tenants in a timely manner. My lease currently states that rent is due ...
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I found a very nice C class building with 10 units near me that seems like a great deal on the surface. If you use the 50% rule, the numbers are great. However, I have a list of expenses from the owner that total 65%....
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Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
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I'm humbly requesting the help and brilliant expertise which is never in short supply around here. We're about to be in possession of $100,000 to $138,000 cash from the sale of our home (primary residence). This figur...
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Hi guys! I hope this forum can help me out again. As I build my investment portfolio, I keep learning. I keep going thru the good and the bad.Situation: I hired a marketing manager, just part time. Great kid. College ...
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I sold a house several months ago and now the buyer is getting on my ass about not disclosing that the property had termite damage. I owned the house for less than a year and did not live in it. I could not disclose w...