Joshua D.
What to do in this situation? Tenant needs help?
Dear Josh and Jordan,
Its Misty from your 40 Paisley Ave rental. I'm writing because I'm having a complete nervous breakdown about some news I've gotten recently. My mom, who not only cosigned to hel...
Jordan Coates
Due Diligence: Things not disclosed
My wife and I have had an offer accepted on a small house that we're looking to turn into our first investment property. It's a 3BR/1.5B SFR. There are several issues with the house that are not huge deals (individu...
Christina Linn
8-Plex buy and hold in Wyoming
Investment Info:
Large multi-family (5+ units) buy & hold investment in Rawlins.
Purchase price: $345,000
Cash invested: $75,000
8-Plex with 1, 2 and 3 bedroom LTR units.
What made you i...
Therese V.
How to classify a neighborhood?
I am having trouble with the distinctions between Class A, B, C and D properties. I grew up in an area that I feel safe and comfortable in and my mom still lives there. But, I've been there with recent friends and som...
Eleanor Giron
Is it worth pulling out of a deal? -Under Contract to Purchase
Hello BP Community!I wasn't sure where to go about this but I know that I needed to consult with folks who've been investing and know the game. I'm currently under contract to purchase a home built in 1920 for $160,00...
Tom R.
My first investment property
Today I signed my final loan documents and paid my down payment and closing costs at my escrow company. I also did my final walk through and set up a savings and checking account for my first buy and hold. Closing is ...
Justin Cantrell
Owner Occupant Question
Hey everyone,
So this is my first post and for about the past 3 months I have been doing a ton of reading about RE investing. I am really excited to try my hand at what will hopefully be an excellent long term inves...
Puneet Sharma
PM asking for 50% of Rent for New Lease and 25% for Lease Renewal
Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
Sammy Msouty
Cracked bathtub - Wear & Tear? Tenant Vs. landlord pay?
Tenants say there is a water leak. We go to the upstairs bedroom and the bathtub has 4 cracks that are clearly leaking water. The cracks are so extreme that it almost looks like the bottom is going to fall out because...
Wesley Weisberg
Seeking Advice, Mold, Former Tenant Suing
What have other land lords done when former tenant sues for mold?? Have a bad situation where former tenant unjustly is suing for mold. Insurance does not cover, nor does umbrella coverage. Insurance attorney recommen...