Kris Wong
Can I get a commercial loan on a residential property?
I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...
Eric D.
Tenant unhappy about not getting deposit back
Hello,
I had my home rented out for about a year and a half, the Tenant signed the lease agreement in may of 12, the lease reverts to month by month after 1 year is up.
Anyway, she did not give me prope...
Robert Carl
Allied National Debt Collection Review.
Was using a Allied National Debt Collection for owed rent on evicted tenants. This company has an A+ BBB rating. This is when consumer reviews are better than a BBB rating. The company never contacted me personally...
Wade Sikkink
Renting to a felon
A guy called me yesterday and asked about an apartment we have for rent. I gave him the info then he asked, "Do you rent to felons?"
I was a little surprised and responded, "What do you mean?"
He expla...
Tim Jones
Successfully Purchased 2nd House using Rent by the Room
(I just posted this as my first blog, but it's my first success story also)StrategyRent by the Room (RBTR) allows me to maximize the rental income from a home, while still having long-term tenants on leases. Instead o...
John M.
More protection than an LLC ???
I'm curious what everyone does to protect themselves from lawsuit when investing in rental properties.
I see that just about everyone does an LLC, but looking around on the internet, I also see people talking about t...
Heather R.
Am I being too conservative in my analyses?
Hello,I am currently evaluating a few markets, Indianapolis and Tacoma WA to purchase a small multi-family in the next few months. I live in Seattle so Tacoma has been on my radar due to its proximity. Appreciation in...
Nat C.
Another day, another shonky contractor
I have been using Thumbtack to find various professional for hire. Thumbtack is similar to Angies List and Home Advisor. I placed an ad for a HVAC technician. I offered $250 for installation on each AC unit stating th...
Jennifer Cheu
Seller claimed final offer?
Hi BP community, I am in the midst of buying a 3 family property, the list price is $440. My initial offer on the house was at $420k, which was beat by an above list offer. Lucky for me, the offer from the other par...
Julie Hassett
Help! I've fallen in love with a long-distance MFH! What's my next step?
Hi BP colleagues!I'm relocating to Baltimore from Los Angeles in June/July and I found a triplex online that I've fallen for. It is:
in the exact neighborhood I want
in the sweet spot of my price range
the first-floor...