Amir B.
Investing in San Juan, Puerto Rico
Hello BP Community,I was wondering if anyone has invested in PR before? As many of you heard PR defaulted today on their loans.http://money.cnn.com/2016/07/01/investing/puerto-rico-defaults-general-obligation-bonds/in...
John Winters
Seller-Financing / BRRRR Hybrid ~ Can I Do This?
Greetings BP's Community!I don't know how "innovative" this is or isn't, but I'm still working at my first property. I have a property in need of renovation. The seller is agreeable to do some form of seller-financi...
Jarrod English
Wear and Tear and Holes
Hello, I'm watching my first ever tenant move into my first ever basement suite right now and noticing a few items that makes me wonder about wear and tear in regards to hanging paintings or shelves. They asked me...
Lisa Ngo
Umbrella Policy for Out of State Rental Property
Hello everyone. I am currently house hacking my primary residence in California and just bought a rental property in Indiana. I tried getting an umbrella policy to protect myself in case something happens but was den...
Matt Castelo
Sellers attorney is killing my deal!!!!!
So I have a seller ready to sell, but has an attorney friend who advises him to not use my contracts because he feels like he isn't protected. The attorney actually drafted up a contract that im not willing to sign!!...
Shawn Thom
Seeing original wholesaler's contract
When buying a property from a wholesaler, at what point should you ask for the original contract between the wholesaler and the seller. From my very limited experience, the wholesaler will give me the contract that a...
Aditya Hejib
Lease Renewal and Difference in security deposit
Hi,I have a question specific to Massachusetts law. I just renewed lease for my tenants and with increased rent, I asked them for difference in security deposit. Per Massachusetts law landlords are allowed to take 1 m...
Alejandro Ferrer
Raising rents in Chicago
Hey all. If you have a inherited tenant who’s lived there for 5+years and is on a 6 month lease ending end of august. Rent is below market and want to increase at least 50$ for now. Going to give a 120 day notice befo...
Jason A.
GREEDY , GREEDY , GREEDY
Thank you for at least taking the time to read this. Been working on this property for 90 days now. It has been in foreclosure. The attorneys are ready to close on this property. Everything is in order. I have someon...
Alex Malone
Unrealistic contract
So made an offer through agent on this REO that was listed on MLS. Seller's agent came back and verbally agreed to our price but asked for 0 day inspection and closing day a month away (it was a cash offer so offered...