Ben M.
Subject to question on property I am selling
I am selling my property which has a 73k loan left on it. The loan is in good standing and no late payments. Below is an offer on my property. Will subject to transactions affect my credit in any way or put a dent on ...
Ranier Moore
Requesting advice for my next move
Hey everyone, I am a brand new investor and looking for some advice on my situation. My goal is to retire early and use the minimum number of long-term rentals to do so. I currently own a single-family 3/2 in South Ph...
Raj Konda
builder sold the property to someone else. what do I do?
I used a turnkey provider to buy 'build to rent' multi-family house. We signed a purchase agreement with builder in Feb 2021. This summer, builder came back and said they need to increase the price by 10% due to incre...
Michael B.
Lawsuit for specific performance
Currently working through a nightmare portfolio deal with a 76 year old lady. Closing is supposed to be on Friday 8/30. Now, towards the end of the transaction she is suddenly demanding more money at closing - which s...
Henry Murray
PM agreement - Performance Guarantees not written into contract?
I'm in the final stages of selecting a Property Manager and they have several "Performance Guarantee" that they sent me in a pamphlet (things like "We only get paid when a tenant pays", "If the tenant we place in the ...
Solomon Rosenberg
LP's, Something to look at in the monthly reports
As an LP, an important thing to look at on the monthly reports is the net income. I'm not just talking about the NOI, which is surely important. To assess the health of an investment, you should also consider the net ...
Erin O'Connor Smith
Served 3-day notice to perform or quit, now what?
Two tenants who are roommates have always been argumentative and difficult with me about following rules. I discovered they moved in two new roommates, a couple, under the radar a month ago.
I agreed to screen the c...
Eric Telese
Property Management Fees & Their Place in My Analysis
Hi BP community,I have always accounted for 10% property management when analyzing deals. I have learned this through @Brandon Turner webinars, podcasts, etc.Now that I have seen other fees involved with hiring a prop...
Sean Chen
Contractor caused damage to neighbor's property
I found BP not long ago and have used this site extensively as it provides rich info on RE. This would be my first post of question on the site and hope to hear from many experienced investors/landlords.
I obtained a...
Suzette Parsons
Best way to hold title to a note
I am a newbie to note investing and want to ask all you that invest what is the best way to hold title to the notes? Did you start a company? I currently don't have an IRA or solo 401K, but is that the best way to p...