Gabe N.
Nightmare tenant: unsanitary living, too many dogs
Okay, so I have a couple that lives in my 4 plex that have been an absolute nightmare. So far they have consistently paid late and have been a nuisance with their dog (dogs) barking and making noise. They got on a one...
John Payne
When is it too late to tie up a Pre Foreclosure deal?
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Lee Haenschen
Hitting a brick wall
I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
Joshua Berube
building a fourplex as my first deal. trial by fire.
Well, as the title says I am going to try an build a fourplex. And its my first deal. This will be my diary. Come hell or high water, you will have a front row seat.Before we get into the deal, understand that I am go...
Timothy W.
Do you keep a supply of food on hand?
This is not to be apocalyptic but to bring back to the front of people's minds a tradition that seems to have been lost recently. People used to keep pantries with significant stores of preserved food on hand in the ...
Mark S.
Tenant Claims Bad Bathroom Odor, Should I Just Let Him Go?
I have a tenant who claims that there is a bad sewage smell coming from the master bathroom - making it unbearable to live in the condo.He just moved in there on May 1.The entire condo was remodeled. I was there very ...
Martin S.
2% rule is bull
I cant find a single property that I would be able to buy in a half decent neighborhood utilizing the 2% rule. I looked in almost all of florida. Maybe a trailer park home, but then again, the land rental fee or whate...
William George spear
Renting to non citizens
We are 2 years into rentals and are considering renting to a spanish couple that have been here over 20 years, have fin numbers and are gainfully employed. The husband has applied for a green card. the wife has not. W...
Josh Edelman
Getting my Third Property? I’m stuck
I want to buy my next investment. Looking for advice on way forward. Here is the skinny: - I have one rental property (VA loan)- took out a Heloc to buy my second property - I live in the second property (VA loan also...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...