Jon Fletcher
Dirty Tenant is Causing Mice in Other Units
The ground floor tenant in my three-family is absolutely filthy. They had an issue with mice and I paid for an exterminator to lay traps. The exterminator also remarked that the tenant is living in squalor. Now the up...
Brian H.
Curious how you decide your number for CapEx?
Hey all!So when you are deciding what to set aside for CapEx when doing a property analysis do you adjust it based on how new certain items in the home are? A property I am looking at has a 2 year old furnace, 8 year ...
Michael Carbonare
A Look Back 30 Years To My First Deal
30 years ago I closed on my first real estate deal. It was a foreclosure, owned by the Resolution Trust Corporation. The RTC was a federal agency created in 1989 to resolve the Savings and Loan Crisis of the 1980s, ...
Kyle Eckmann
Starting In Property Mangement - Advice?
I just passed th NC Real Estate Broker License test, and want to start up a property management business. There are so many different things that need to be done in order to launch the business...a bit overwhelming. ...
Jorge Garcia
Refinancing and leaving a 3.5 fixed rate behind
Have refinancing rates gotten better or is it recommendable to wait until next year to see what happens? I want to start a business and I want to use that money towards it. However I got this property locked in a fixe...
Christine Johnson-Sundby
Mistake talking to previous landlord
Hi BP!I just wanted to share a mistake I just made. I was checking references, as everyone should! I spoke to the prospective tenant's current landlord. I asked how much he was charging and he asked me the same. I...
Brett Chandler
Getting started in with $130k and a 20 year plan
Hey guys and gals, Looking for some tips on how to get started in the SFR market with $130k. I would love to start working the BRRR strategy, but I don’t have the time to commit to a rehab until all my kids are in sch...
Kelli Huang
Rex whole sale, owner financing
I am buying my first property that is intended for rental. After scouting all over zillow, I found this for sale by owner 3/1.5 for $46,900. ARV is about $70k. I contacted owner right away and ask If he could do owner...
Amanda G.
Urgent question- Tenants sign new lease prior to closing?
This is the counter offer I received:We want to counter your offer in hopes we can work with you. We have requested highest and best and the other offer is higher. With that being said we would prefer to work with y...
Steven Luttman
Meth, Domestic Violince and a Cash for Keys Buyout
Hi all,I'm sharing this story in hopes others can learn from what I found to be a tough (and at times incredibly uncomfortable) situation, as well as looking for any insights as to how I could have handled this differ...