Bobby Balentine
Window A/C units additional rent
I recently spoke with another REI about window units. He said that he charges 75 dollars a month extra for each unit in the house whether or not they are being used. Meaning the tenant claims they don't use them to ...
Sarah Miller
Possibly acquiring section 8 tenants, what do I need to know?
Hello BP! Got some stuff brewin' I'd like some insight on. Possible 6 unit property I have been entertaining. My main questions involve the fact that many of the current tenants are Section 8 and on leases. If I we...
Jenni G.
Fees, I understand but does this seem excessive to anyone else?
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
Chris E.
I need a simple land sale contract
Im selling a cheap parcel of land and am looking for a simple as-is contract I can use. Theres no buildings, no financing, nothing extra involved. Just using a Quit claim deed. Selling price is less than $1,000 so I d...
Chris Mayfield
Hoarder Home Situation
Let me preface that I have bought a home from hoarder before and we are very sensitive to their difficulty. I am seeking advice from anyone who has worked on a deal with a hoarder who says they want to sell and need ...
Aaron McCarty
commercial property management
I've been managing my own residential properties as well as a few for others and I've recently been approached to provide my services for some commercial property. I'm really new at this and was wondering if anyone ca...
Neil Smith
Self Manage Or Rent to An Arbitrage Company?
BP friends,
My wife and I have a house in Arvada, CO. It's a 5 bed, 4 bath 4000 SF single-family home that we're currently using as a short-term rental. An arbitrage company recently approached me indicating that the...
Account Closed
Owner Renting my Land As a Parking Spot
Curious to get some opinions on this. I own a duplex in the Bay Area that's zoned for three exterior parking spots. The adjacent property has the same lot dimensions, and it's also zoned for three parking spots. The a...
Belinda Lopez
Estimating repairs on Burn Houses
Does anyone know if the BP Book on Estimating repairs includes any info on Burn house properties? Does anyone know if there are extra costs involved with burned homes over regular rehabs? I'm wholesaling a 6817 sq.f...
Julio Contreras
Seller counting unpermitted studio's rent income as part of the cap rate
Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...