Abdul Azeez
Extremely bad PM experience
Folks - I previously shared my experience regarding the complete mismanagement by Reedy and company of my rental in Memphis, TN. I have now changed the PM to a different company but wanted to share that this has been ...
Brian Adams
From Buying a Duplex to Closing a HUGE Deal – 556 Unit Apartment
Some background and to set the stage before I dive into this deal, I have shared my story on BP how I quit my CPA job to purchase large apartment complexes, here is a link:I quit my CPA Job to buy Large Apartment Buil...
Alec Jacobs
Should I pay $20k over the appraisal value
Hello everyone, I have a weird scenario that I have been really wrestling with lately.I am in the middle of buying a home and the appraisal came back $40k under my offer. The seller said they would come down $20k and ...
Jeff Blankenship
Should I sell for loss, or Refinance rental
I purchase a new property in 2007 for $186,000 to be used as a rental property from day 1. The property was initial rented for $1300. Hindsight is 20/20 and not good investment, but I'm trying to figure best way to...
Raquel Pea
Are There Still Many Motivated Seller's in West Oakland, CA?
Hello BP,I currently work with a Bay Area Wholesaler, and soon I hope to start up my own wholesaling business in order to raise funds for investing. Here is my concern: I am not confident there are many motivated sell...
Tim Porsche
Contractor Only Replace Half of Roof - Options?
Hi All,I have a bit of a situation here and would greatly appreciate any advice on how to proceed. I purchased a rental property back in Spring of this year and decided to replace the roof on it because it's quite obv...
Rav Ram
What do i do with this Old Nursing Home building i just bought!!!!
Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
Brian Burke
Cat Litter House: Flip # 653 and it could be the worst one yet. Look at the pics and you decide.
Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Karen DiNapoli
Out of State Investing - need help finding a good location!
I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...