Jim Peckey
Requesting help with screening our first tenant!
Hi BP,
As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...
Ellie Perlman
Top 5 Highest and Lowest Rent Collection States of April 2020
Some very interesting data to share with you all on April rent collections across the US. One of the factors that particularly caught my attention was the impact of agriculture across several of the markets. In your e...
Dan Corbiani
Advice on Deal with Low Appraisal
Hi Everyone,Need a bit of advice because we haven't been down this road before... Long story short, we have a property under contract where the appraisal came in below our offer price. The seller isn't willing to ma...
Rusty Pollard
Raising Money for Syndication--Do They Need to be Part of the GP?
Hi BP Nation,My question is fairly simple. I am part of a team who is just getting things together for a project where we need to raise $2m for the land and an additional $5m for the equity portion on an apartment bui...
Erin Hauser
Rental Application Denial question
I have received 3 applications from a group wanting to rent a unit, however two stated they have bad credit and one has no credit. Can I deny them based on this information alone, or do I still have to have them to pa...
James Sun
build new or addition
Hi All,
I just joined BP and would like to ask a question on my new rehabbing project.
I acquired a 1bed/1bath property in San Jose bay area for about $400k. It has about 800 sft in about 7000 sf lot. I am conside...
Christy Barton
Using Timelines For Rehab Jobs
As someone who's had some exposure to the A&E industry, I know how important it is that projects finish on time and on or under budget (preferably the ladder). This same rule applies when trying to manage contrac...
Brian Mitchell
Pet Fee for a Lizard?
Hello BP Community, I am new to owning a multifamily and had a question for the community. I have a new tenant that signed a lease with me two weeks ago. We talked about if she had pets and she said she doesn't. Fa...
Christian Estrella
Vacant Attic Rehab advice to maximize investments.
Hey fellow investors,Need some advice on how I can move forward with rehabbing the unfinished attic on my property and possibly maximize my investment. I am currently House hacking the second floor which has access to...
Karla Talancon
Foundations
I am not familiar with Texas as far as home structures. I am a Californian.I have been hearing a lot about foundations and having to water them? Does anyone have more information and experience with foundation issues ...