Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
Kathy Diamond
Looking for counties that meet the 1% rule
Hi all,I'm hoping the title is catchy enough: I'm looking for median home price to rent ratio by county to find markets that meet the 1% rule. Any pointers where I can find that?Kathy
Stephanie Dobbs
Short Sale Deal...can it work?
I am aiming at purchasing a short sale with a lease option/lease purchase (requesting the deed of trust for a small price). The agent is really blocking, as she states that it's illegal to lease option a short sale. I...
Whitney Tutt
Sellers took AC Unit
Hello. The sellers of a property I recently purchased took the AC unit with them after we closed. I couldn't get into the attic without a step ladder but when I return I'll check to see if they took the furnace too. V...
Andrew Davis
This is a great deal!.... Right??
Hey BP Community,I'm dipping my toes in the apartment water so to speak, and someone brought this deal my way.Here are the numbers:$1.2 million purchaseCurrent occupancy: 58%Units: 64Average Rent Per Unit: $550 (conse...
Karen Margrave
PRISONERS ON THE STREETS. CALIFORNIA'S AB109 & PROP 47
The 3 Shastas (Shasta Dam, Shasta Lake, Mt. Shasta) When the market crashed we moved from Redding, CA to southern California, knowing that the crash was unlike any recession we had ever seen. We also knew southern Ca...
Roz Enfield
Landlord to pay for security system?
We have a pretty needy tennant in San Francisco. He moved in during Covid and has experienced a few problems, his girlfriends cell phone was stolen while walking on the street, as well as smashed garage windows multip...
James Carlson
Agents with a niche, what do you share and when?
So ... I've got a gripe and a question for you agents specializing in a particular area of real estate.The short story/direct questionIf you're an agent with niche knowledge that sets you apart from other agents, how ...
Daniah Koujak
Single Mom Wants To Buy First Investment Property
Hi! I’m a 36 year old single mom and I’m a real estate broker. I know how to buy an investment property but I’m having trouble figuring out how do that with my financial situation. I would really love if you guys coul...
Crystal Chang
Are contractors to be trusted?
My main worry as an out of state investor is if I want to get a property at a discount, the property would needs to be in some form of distress. I would then need to rehab it so that I can rent it out as a buy-and-ho...