Shaun R.
Couple on the lease breaking up
I've got new tenants that have only been in the house for one month. It's a couple and a roommate in a 3 bedroom house. I see the girl in the couple emailed me asking to get off the lease because she and the boyfriend...
Steve Christensen
Contract For Deed Questions
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
Adam Gusky
Should I start where I live?
Hello BP community,I am 26 years old and recently moved to Denver. I am looking to purchase my first rental property. I am in Denver and would ideally purchase a property within driving distance so I can easily fix it...
Tara Faulks
Multifamily Markets in Southern California
Hello! I am looking to invest in Multifamily Units with value add potential (12 or less units to start). I live in Santa Monica. I have been reading forums entries on markets and things to look for and am trying to...
Brandon Harris
Lease modifications after "interesting" mid-year inspection
Hello,I'm looking for some input on how to resolve issues I found during a rental inspection yesterday.I performed an inspection of a house that has been rented for 6 months. Lease is 1 year term. The tenants are a wo...
Patrick Britton
Is building a spec home less risky than flipping a fixer upper?
I have been looking at spec building since the early summer and cannot seem to find the same level or amount of risk associated as with fix and flips. It seems that because nearly all of the costs are known well in a...
Eli M.
A tenant with criminal records
Dear BP Community,I am reviewing an application for a potential tenant. this is a couple, not legally married, without kids.They are both in their early twenties (22), first time moving in together. They are willing t...
Mary M.
Investing in Mexico
I am going on a trip to Puerto Vallarta and will be checking out investment opportunities while I'm there. I've done a bit of research on the legalities of owning property as a US citizen but would love BP input. Plea...
Account Closed
One Month Rent for Free
My husband threw this idea at me: What if we charge the tenants a little more for rent each month and gave them the 12th month for free? Here's how it would work:If rent is normally $900 per month, we charge them $982...
Tim Lee
EPA lead requirements running amuck
I recently completed the EPA Certified Renovator Training. Today, I received the Email below. Now, the EPA is not satisfied with the certified renovator. They now want to add another layer of inspection ($$$, delay...