Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Peter Tverdov
Why commercial over residential?
I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...
Paul Choate
Bought a Trailer Park at auction- feeling a little nervous....
I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
Sam Alpha
How would YOU tackle this foreclosure deal?
Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
Lee Haenschen
Hitting a brick wall
I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
Ben Payano
$800 Negative Cash FLOW Per Month Should I Still Hold?
Hello,I'm in a tough situation and need your suggestions: I purchased a property (Loft) in Downtown San Diego 2016 and recently got transferred overseas for work--I'm scheduled to return to San Diego in 2020. Since pu...
Jon Burns
My Tenant has Cancer, rent is late...now what do I do
I was hoping to get some suggestions from fellow landlords and property managers on how you might approach this situation.Tenant has been with me for almost a year. She is nice older lady, that has taken good care of...
Jared Bauer
New here. $1 million cash. Want passive income, what's the play?
I'm 40 and have 0 debt. Own my home and a LTR outright. The LTR is about $180k and my home is about $500k. I've been an entrepreneur my whole life. I've done well on some long term bitcoin investments. I'm getting old...
Jeffrey K.
Highest and Best
Can we all make a pact that we will submit our highest and best when we deal with REOs? I am tired to loosing deals, bidding against myself, and the bank playing us against each other.
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...