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What to do with a tenant who was just jumped and robbed?
I was just informed by my property manager that my tenant was just jumped and robbed. As of now, I don't know who this person who jumped and robbed my tenant came from. Do you have any tips or advice on how I deal wit...
Leah Ezra
How to keep a home in foreclosure with no paperwork
My parents separated in 2012, my father was the one to initially leave. When he moved out, I lived with my mom in our family home, but eventually she moved in with her new partner. At the time she decided to move, she...
Stephen Foltin
What a Winning Bid Looks like?
Hello all,I am in Charlotte and have now been outbid six times in six months. I have tried offers with $20k over asking, guaranteed offers, guaranteed money over appraisal, and lately a combination of all of those. Ev...
Paul S.
First-Time Bath Remodel Plan Review
Tenant moving out end of July and the bath has a good amount of mildew. This is my first rental and first turn so I'm trying to nail down the best strategy for standardizing bath design to prevent mildew, reduce risk ...
James Herbert
Rent Increases for an inherited tenant
We purchased a bundle of foreclosures from the bank. We inherited tenants and the current rents are month to month and have not been raised in years. (8-10 years) some Tenant’s have leases to prove some don’t, the sto...
Michael Kambic
Creating an entity to contribute to a 401(k)
Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so t...
Andrew Kiefer
First small Development, 4plex, or 4 townhomes?
Hey BP Family. I wanted to ask for advice from small developers in the forum, to see, what makes more sense as your first smalldevelopment, something like a 4plex, or bigger type of small MF, or like 4+ townhomes in a...
Saim Chaudhry
Probate - Public Administrator as Executor
I have come across this a few times, it lists "public administrator" as the executor in probate records. I am interested in a few properties, but am not sure what it means that the public administrator is the execu...
Sam Casper
ADU - 2 units possible?
Hi there guys, its my first time here! Love this forum and knowledge/advice here.Question: Can you construct and rent out 2 separate units (studio with 1 bath) to 2 separate tenants in a single detached ADU?Backgroun...
Jay Peterson
HELP! Offer for Vacant Daycare Building
Hi BP! I'm looking to purchase my very first commercial property. (Yikes!) It is an old daycare building that hasn't been in about 10 years. The broker says the owner is willing to owner finance. The price is $250k fo...