Benny Morfas
Buying a 4-plex for under $30k.. but in a class D area. Worth it?
Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
Marcos Carbi
Invest now or wait for recession?
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Michael M.
Confessions of a Motivated Seller
BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...
Account Closed
City suing landlord for $1.2 million for 'illegal' airBNB rentals
City apparently feeling unheard when landlord and airBNB appear to be dismissive about rental ordinances.http://nypost.com/2017/05/14/city-smacks-landlord-...Here you have landlord suing tenant for $300,000 for illega...
Maurice Davis
My tentant's father just called me to tell me his son is missing and he wants to break the lease?
My tentant's rent was due on September 1st and have not received it. I tried to reach through text and left a message on his cell phone with no response. His father just called today asking me if he had seen his son...
Joseph Cacciapaglia
If the Market is Crashing, Then Why Aren't You Selling?
If you are one of the people on here posting about the market crashing, and expecting deep discounts some time in the not so distant future, then are you selling your portfolio today? If not, why not? Things are still...
Carlo Michelotti
W-9s & 1099s: How do I pay contractors "under the table"?
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
Chris Heeren
Duplex came with Drug Dealers
I just purchased my first Upper/Lower Duplex and have 3 tenants in the upper unit. I have been renovating the lower the last few weeks and am almost ready to rent the 3 Bedroom place out. The upper tenants are nice...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Scott Trench
What if Student Loan Debt Could Be Subject to Bankruptcy?
Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...