Michael Guzik
Is it really a wonderful life as a landlord?
Hey guys so last night I watched It's a wonderful life. Now being involved in real estate and thinking like an investor I saw the movie in a whole different way. George was a very lenient person and cared about the pe...
Ian Livaich
Separating Out Heat (HVAC Advice Needed)
I am heavily considering submitting an offer on a triplex (2500 sq. ft.) in New Jersey as my first investment property. This would be a BRRR deal. I am looking for insight and expertise with the HVAC system, because...
David Pierce
Memphis Invest and General Turn Key Question
So I have been researching Turn Key companies for about six months (most of the more reputable ones). I like MemphisInvest and their markets, not to mention everyone seems to have a good opinion of them. I talked to...
Paul F.
Too many prospective tenants?
We listed our townhome in Woodbridge, VA (South of DC) and have about 35 interested people wanting to see the property. I set up around 10 individual appointments, but for the more recent inquiries I am offering 2 tim...
Account Closed
Should I let my real estate licenses go?
I’ve had my license coming up on 4 years and I’m debating if I should renew it or not. I’m not so confident in sales nor do I feel that I’ve given it my best shot either. It is pricey to keep up the license and I have...
Andrew Willits
Two tenants with below 600 credit scores with solid income
Due to COVID we had a solid tenant just move out. We have been doing showings and the best applicants have solid income we verified by paystubs that is 4X the rent. The issue is they have low credit scores below 600 b...
Account Closed
STRs: The upside to a pending recession....
More and more I'm hearing that STRs are going to be the alternative to hotels as it looks like a recession may be eminent. Curious to hear from the forum if you are seeing the same trends in terms of your bookings. ...
Lin V.
Commercial loan financial convenants LOI
We just received loan document for refinancing our commercial loan that we do not want to sign, 10 years loan. Our LTV is less than 50% ( yes no risk at all for the bank, and we have top credit score.We already paid t...
Account Closed
Difficult situation in unit below my rental
So far, I have listened to nearly 100 hours of BP podcasts but this is my first post!I’d appreciate all thoughts and ideas on a difficult situation with one of my rental properties. Originally this condo was purchased...
Mrunal Panchal
$6 million to 1031 exchange...Ideas?
Some homeless housing developer offered us $6 million and we sold the motel. The challenge is to 1031-exchange this money where we can make money passively. What are some ideas? Apartment, multi-family units? Where sh...