Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...
Hello,I am considering an applicant who plans to get a puppy, vizsla, after he moves into our property. He is working with the breeder now and he said that when the right puppy is born that matches his family, they wi...
The Snowflake Investor is a problem, mainly to himself or herself. The Snowflake Investor gets so emotionally attached to a deal that they can't see the forest for the trees. And just so BP doesn't break again, yes, w...
Hi BP, I'm proud to say we finally took the plunge and bought our first property! It's a 1920's craftsman duplex, 2/1 + 1/1 with one vacant unit and a 15-year tenant in the other (luckily no rent control so they're ne...
I am developing my business plan for buying and holding. I was talking out some ideas with another investor, and she said you should never pay off your properties, and never pay all cash.
It seems to me that if you d...
Wow so I’ve been having problems with one of my tenants whom have been paying the rent late the past 4 months and they’ve gotten worse, I’ve been having to charge them late fees. Now these are stellar tenants, until t...
Since doing a deal or walking away sometimes involves a gut versus head call and you wind up in shoulda, woulda, coulda land anyway ..... How often do you regret *walking away* from a deal? Or do you just make the de...
I *finally* am the proud owner of 2 lovely small new build, higher end, class B, MF bldgs. These are 8 and 12 units respectively and are security type buildings. Right now we have Pach access system that fails miser...
Hi BP! Its the moment i knew was going to happen as soon as i became a landlord! I have a tenant that is working on 3 months behind on rent. Ive been trying to work with him but he keeps saying he is going to make a p...
Hi BP,My name is Duc Ong. I'm a math teacher in Honolulu, HI. I'm looking to invest out of state, as the market in Honolulu is too expensive for cash flow. I'm more of a buy-and-hold investor, and I'm mainly lookin...