Patti Robertson
Totally Made Up Pay Stubs - Be Careful Out There!
This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings. You really need...
Jared McCullough
Anyone starting the CARES Rent Relief Program with tenants?
We have (2) tenants currently not paying. One of which hasn't since march. We were going to start looking into this program but figured I would stop in here and see if anyone else has started the application process a...
Ryan Sweeney
CARES Act and Borrowing from IRA for Property Investment
Here it is, I have been wanting to get into real estate for some time. After a positive test for COVID, I qualify for the retirement loan withdrawal. Also, I work in the aerospace industry and have a strong potentia...
Shyam Kotha
Be careful with NRIG Insurance - way too may exclusions
The worst Insurance I dealt with - I had a sewer backup on one of my condos - and when I wanted to file a claim they say the policy does not include itA while ago another property had the same issue - and no issues wi...
Nathan Kurzmann
CARES ACT to invest in real estate from 401k?
Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...
Luke Carl
Do I Care Where My First Apartment Building Is?
Hey BP! Luke the short-term rental guy here. 2021 I will be the proud owner of my first apartment building. My questions right now... 1. Do I care where it is? Almost all of the real estate I own is not in the state I...
Christopher Spear
Do renters care if someone died where they live?
Hey BP! I am looking at a BRRRR opportunity for a C class house in a C class neighborhood. It should meet the 70% Rule and the 1% Rule. However I learned that the previous owner committed suicide in the house. Does an...
Raquel David
Security Deposits and how they work during CARES Act
Hi BP! I am a first-time homeowner and landlord in San Diego. We bought our first duplex in December and inherited a tenant that had their income severely impacted by COVID-19 and couldn't pay us rent for her last 2 m...
Chelsea Slattery
Deducting from Security Deposit: Yard Care Landlord vs Tenant
I am a tenant in CA. My lease states that I am responsible for the yard maintenance, but my landlord pays for a gardener. We are required to let them have weekly access to the property (which we do) The first three ye...
Art Coburn
CARES act requires you reveal if you have mortgage?!
I got this email recently. Where is the legal directive for collecting this info? What happens if I don’t supply it?As our office is moving forward to ensure both current laws and new regulations are met we need to up...