Rob Hakes
Another Spartan Invest Turnkey Case Study
I recently purchased a property from Spartan Invest and wanted to post the details and make it an ongoing case study solely for the benefit of those looking into the company. I really appreciated others doing this as...
Nadir M.
Tenant doesn’t want to place TP in waste basket
Hello BP,
Wanted to get everyone’s opinion on what they would do in this situation. My current tenant said that the toilet is clogged again. Had it opened about 3-4 weeks ago and the reason was too much TP. I told hi...
Account Closed
54 showings, no offers...
I listed a flip in April 2018 at a price even with the surrounding neighborhood $224k ($80/sf) in my market. I’ve had 54 showings and not a single offer. I’ve dropped the price $5k/month and I’m getting concerned beca...
Margharita Silva
Withdrawing a lease from a future tenant
Hi everyone, I have a situation where i have a tenant in good standing and she gave me her 60 day notice to move out before lease renewal. I found a qualified new tenant and offered him a lease. The tenant in my apart...
Cody Smith
Invest now with debt, or invest later debt free?
Hello BP community, quick question for ya. I am a new investor, soaking up all the information I can and building my business plan. I have two paths I can take to begin investing, wondering what you guys think or sugg...
Willow T.
How I Made $104,000 on My First Flip Purchased for $31K
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
Dane C Allen
Tenant is terminally ill - month 5 of 12 month lease in winter
A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Cassidy Burns
2 Tenants in a Quadplex Joining Alliances: How would you handle??
HI BP,I've run into a little problem with 2 adopted tenants from an existing owner. The first 8 months they were great, paid on time, no issues, etc. As of the last 3 months they have been a nightmare. One has defi...
Christian Belleque
Need a quick analysis PLEASE!
Hey everyone, I found a duplex that needs some work but is in livable conditions. One unit has 4 bds, 1 bath. the second has 2 beds and 1.5 baths. Unit 1:4 beds 1 bathroomRent=1450/monthUnit 2:2 bed1.5 bath. Rent=1150...