Jason Monroe
Cash for keys tenant buy outs in Oakland California
I did my first tenant buy out today. Here is what I have learned.There are Lots of other explanations about why the bay area rent control is weird. If someone has enjoyed quite and respectful use of the unit who is in...
Personal finance doesn’t have to be complicated. Saving, investing, and retiring early shouldn’t be a stumbling path to wealth, but many Americans feel this way. So, to clear up some of the money misconceptions, we’re...
Spencer Gray
Will Preferred Returns Compress with Yields?
Hello BP community of multifamily investors, owners, operators, syndicators and managers. I'm curious to see what everyone is seeing and your thoughts on where preferred returns offered to limited partners are headed ...
Jason James
An Offer Without Inspection Contingency.. This can't be normal!
I'm in a fairly hot Multifamily market in Northern California. My agent and i just made really strong offer, over asking price with a 30 day close. We were beat out by the same offer, without a inspection contingency...
Andy Cross
Lead Generation by Door Knocking
Hello everyone,So...I have a mentor that is adamant about door knocking pre-foreclosures to generate leads. In my personal opinion, I feel it's dangerous; as you are dealing with sensitive homeowners. Her theory is "w...
Account Closed
Would you get a house "subject to" at full retail value?
Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...
Jay Hawlader
Is this a rational offer or am I lowballing?
Hi everyone,My partner and I are in search of our first home and came across a property that we like. I was hoping some experienced purchasers would be able to advise me on an offer I’d like to make. I’m in New York. ...
John Casmon
Tenant Left and Filed Buildings Claim
We had a tenant up and leave after not paying rent for two months. Subsequently, we just received a notice of violation with the Chicago Department of Buildings that list a handful of exterior items and mold in that s...
Curtis Maag
Tenant Won't Pay, Said Would Leave Early...How to ensure they do?
In Ohio. Bought 1st rental 3 months ago. Tenant was late first month, and then promised rent on 1st of January. Didn't pay. Over weekend, they messaged me saying they can't pay but will leave this Saturday (1/12/19)...
Mike Johns
11 doors in 2 years investing while in the Military
My wife and I are 27/28 years old and live in Clarksville, TN. We bought our first quadplex with a VA loan a little over two years ago in Clarksville, TN. We bought it for $305,000. We lived in one unit and rented the...