Brian L.
Tenants refuse to sign new agreement
I just bought a building in April w/ 4 residential units. All tenants were on month-to-month agreements under the previous ownership. All contracts expired after I took over the building. Now 2 of the 4 tenants refuse...
Courtney Downtain
Turning on water in your newly rented property
Hi BP team!
I have an empty rental property in Houston TX that I am currently rehabbing. It will be done very soon and I am curious as to what options I have regarding the water. I opted out of turning it on during t...
John Public
Converting electric metering an apt from mastered to direct
Do you know how much it costs to convert an apartment building from mastered metering to direct metering for the electric meters? And who could do this, the local power company? Is their anyone else who could do it ...
Gayle Eisner
Raising Rent on a 30 day tenant
Hi all:I was hoping to raise the rent on my income property but I have never done so previously. Tenant has been there almost 2 years. I was wondering what is the maximum I can raise the rent on a month-to-month agr...
Joe Sadusky
Damage to HUD house before closing - Radiators exploded
Hey guys, I am about to close on my first HUD property and have a question that I'm hoping someone can answer for me. The appraisal was just complete on the property yesterday. We got the report back today and found ...
Chris Daliani
Wholesale Deal-Price Analysis
Hello,I have a wholesale deal I have been analyzing. This is my first investment property to analyze ever and I would like to know thoughts of the BP community. The property is in need of rehab. The rents are estimate...
Daniel Walker
Manufactured home/prefabricated home subdivision
Does anyone have any experience with manufactured home parks? I have a friend who owns a dealership and he’s wanting to partner with me. 50/50 partners, he provides the homes for free, I secure the lots and infrastr...
Jyoti Gupta
Strip Mall or NNN on 2 acres of vacant land in Fredericksburg, VA
My family owns about 2 acres of vacant land in Fredericksburg, Virginia. We would like to build some sort of commercial building on it. Right now we are trying to decide between a strip mall or some sort of NNN lease ...
Alex Ng
Using private money for Creative financing deals
Subto has entry fees. I would like to use private lenders to cover these fees so I can scale higher. I know they can enter second lien position. However, how would it be structured? Would I pay the lender off over tim...
Mak K.
Utility & Maintenance Reduction Program?
I recently saw on a MLS listing "All residents will be enrolled in the Utility & Maintenance Reduction Program at an additional fee of $20.00 per month"Anybody any idea how this program work or what is it?