Rebecca Chapa
Avoid Sherman Brdige Lending
This company is a bait and switch lender advertising one thing and then once you're in you are held hostage, ignored and financially penalized. DO NOT CHASE THE DANGLING CARROT. I am a LICENSED TEXAS REAL ESTATE BROKE...
David Nacco
Mobile Home Park Investors, Where do I Start?!
Hey everyone, I found a mobile home “park” for sale (say that because it’s very small for a MHP, 7 acres) and the price seems too good to be true. Where do I even start in analyzing a MHP? What questions do I need to ...
Bryan Casteel
Need help sorting through this in my mind
I am tossing around questions in my mind about why foreclosures tend to be lumped together in certain areas of town. I guess these areas could be considered "hot spots" for foreclosure. Of course there are some simp...
Courtney French
Late Rent - Maryland Law?
I have a property manager for my property in Maryland who sent me the email below about the tenants need to pay rent late. Please help me with this.... I do not want to start a trend of allowing these renters to pay l...
Ty Mason
Best Investment Vehicle for down payment savings
What is the best investment vehicle for the savings that will eventually be used for a down payment on our first rental property. Currently we have about $5k in a discover savings account earning 2%. Is there a better...
Robert Kohalmi
Low income city/neighborhood
I am a new investor so this may seem like common sense to some but.. I am thinking of buying a multi family in a relatively low income city. I have heard mostly horror stories from a few investors about bad tenants et...
Mike D.
Cheyenne, WY. - Anyone know this market?
Hello, BP cohorts! I posted a similar request on the Wyoming board but haven't received a response in several weeks so I thought I'd pop in here for advice.I live in northern Colorado but have been looking in Cheyenne...
Constance Chambers
How to vet private lenders? They creep me out
We’ve made over 10 offers on sound deals meeting our criteria, only to get beat out by “cash offers” so I’m considering private $ lenders & have been contacted by a few...but I get totally on the defensive every t...
Paul Sandhu
Breakdown of leadership of tenants in a STR
Back in January I had 5 guys move in to a STR. They are refinery contractors whose primary language is Spanish. 1 guy was the superintendent. He estimates jobs for the refinery and makes bids on them for the rest o...
Charlie Miner
Existing Tenant Wants to Break Lease
Hello, I have an existing tenant who wants to break their lease. The lease (I inherited) states they are still responsible for any remaining rent obviously. My initial thought is to ask them to be out by X date and wo...