Allen Lopez
Landlord is kicking me out to make repairs to ceiling
Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...
Jean Bolger
First out of state deal, first 1031 exchange, first larger multifamily, oh- and first auction- all in one!
well, this has been an exciting time! I sold my triplex in Denver that I have owned for about 12 years (which, btw, I never would have bought if I knew then what I know now, thanks to BP...) I was trying to maximi...
Will Kirkendoll
tenants wants to pay a couple months in advance?
hey BP, I have a quick question. I have a tenant that just started renting this month. everything been fine so far she even paid today. two days before the first. Now she wants to pay a couple months in advance. shoul...
Richard Gaston
My first deal, woo hoo
Ok, I am working on my first deal. I know the guy, for about 5 years now, a regular customer where I work at and he is also my Tech Advisor for my Surveillance Camera biz if anyone needs assistance right away. He h...
Aquila Oliveira
worst eviction process
the story starts in January of 2016, when i added a tenant to my one family house. 10 days later she decided to move her stuff in. she rented a one bedroom in my house and was bringing in her belonging that could fill...
Jack B.
Anyone ever prefer NOT to do a 1031 exchange?
Looks like it's about 1K per transaction, but the 45 day limit of getting something under contract seems really unrealistic, almost pushing people to buy the first crappy deal. It takes time to find deals and since yo...
Chris Washington
How do you underwrite an apartment complex with a negative NOI?
Need some help from the community. I'm meeting with a broker to walk an off-market apartment complex here in Cincinnati. The property is in a downward spiral, so I think this could be a fantastic deal with great value...
Kevin Chen
Purchasing and Managing Out-of-state Property
Hello BP!I am new to the site, so apologies if my initial questions seem basic. I was wondering if any of you have enjoyed sourcing properties in states you do not live in and managing those properties remotely? I was...
Dante Pirouz
Seller Financing: How can I make this deal happen?
I have the chance to buy 3 multi unit properties owned by a seller who wants to retire. The seller is willing to do seller financing with the following terms:35% Down, 7% Interest, 7 Year BalloonThe asking price and r...
Shiloh Lundahl
Kiyosaki & McElroy recent podcast - Invest in business not RE
Robert Kiyosaki recently had a podcast with Ken McElroy and talked about how the RE market seems to be topping off. They talked about different asset classes to invest in (RE, the stock market, commodities, and busine...