William S.
Quick Tip for Newbies: Managing vs Hiring PM
If you bought your first property and are thinking about self managing it, hire a PM company to get it leased!My first property I attempted this myself. The result, a terrible tenant. The tenant pays on time but is ex...
Shannon Persha
Selling to existing Tenants? Questions & Processes.
Hi Folks! I have a property with great tenants. Their existing lease is up at the end of March, and I inquired with them if they had any interest in buying. They just responded that they may be interested, and aske...
Clinton Davis
Application accepted on zillow but I changed my mind
I used Zillow to list my rental and accepted someone's application however after my few interactions with them on the phone some major red flags have come up and I wanted to know am I under any legal obligation to ren...
Howei Yeh
Steps to take when tenant agrees to buy property?
Hi there BP,
My tenant and I agree on a purchase price and want to move forward on a sale of my property to him. I have sent disclosures. We had briefly discussed using a real estate attorney to guide us through the ...
Matt Sullivan
Specs and Rentals - Partnerships with a Builder
As an investor, how have you structured deals with a builder/sales team? Do you prefer to keep the builder and sales team out of the ownership side of things and simply pay them for their services, or do you partner w...
Shamo Shehu
What is the best way to remove a tenant ?
I have a tenant in a small multi family house in NYC that I would like to leave. I told her 1yr in advance that I need the Apt to be vacant so I can renovate it and use it for myself. The problem is she recently told ...
Brandon Gale
Why would a lender hold and REO for over 2 years?
While looking at some potential flips in the Worcester, MA area, I've noticed a few REO properties that, according to records, the bank took up to, and in some cases more than, 2 years to finally list on the market. I...
Eli Edwards
Newbie to Fix and Flip
Can anyone give me their most granular step by step process for fix and flip deals? I have a handful of leads that leave plenty of meat on the bone and I would like to make sure I am not missing anything. If possible,...
Daniel Murray
Bookkeeping Issues with 24 doors and 6 active rehabs...help!
Question for the group. I currently hold 24 doors and 6 of those are active rehabs. I also have a full time job so as you can imagine I am looking for ways to streamline my systems and procedures to save time. I hi...
Preston Dahl
Are any serious investors self-performing their rehab's?
I've spent the last two years remodeling our 1912 craftsman bungalow home. This process has done two things. One, help me discover I love carpentry. Absolutely love it. I grew up a farm kid and have spent the last 10 ...