Marvin Song
Property Manager I fired today did repairs without an approval. Am I liable?
Hi All,Here's a situation.I bought a rental property from a turnkey provider based in Indianapolis last November with a tenant in place. This provider rehabs, sells and manages a property so they've managed a property...
Jonathan Twombly
Rents are Collapsing in Some of America's Biggest Cities
The Real Deal reports that rents are collapsing in some of America's biggest cities. The article does not specifically say this, but this is no doubt related to the fact that development has been concentrated for ten...
Sagar Gogia
Sprout Financial unsecured loan funding review
Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
Kenneth Garrett
Do you accept Section 8 Tenants
I am asked on my rentals if I take Section 8 tenants. I never say no, I always say it depends on the financial numbers. I have never had a Section 8 tenant apply. What has been your experience with Section 8 tenant...
Steve Hodgdon
The "Winner". 20 years in RE and this might be the worst.
Borrower has been fighting 2 years to stay in possession without payment. We were awarded property at foreclosure in February.Below is an email I received from our Agent about the lockout at our favorite property:“Upd...
Shiloh Lundahl
Investing Using Credit Cards: Good or Bad Idea?
When I got home last night I opened the mail and, like most other nights, received several credit card applications. Here are two of them:I have successfully used credit cards such as these in the past to buy real es...
Wesley C.
crawl space fungus
I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...
Chris Buesing
No Pets?
I'm sure no one has ever had this happen. I got through showing the property and hand the prospective tenants their rental app, and she looks at me and says, "oh, there's no pets? I have a cat." Ugh.
Lexi Teifke
Prices in Austin don't make sense to me anymore
I started my real estate career in 2012 so I have never actually worked in a downturn or a slow market. Lucky me. Just curious on others thoughts. I don't see how prices can keep going up. All the fundamentals are st...
Gary Lawson
Rental Property Yard is Flooding
Good Morning!I have a single family home that I purchased in Southeast Michigan in January 2018. I have a tenant in there now, and am working with a property manager due to the fact that I do not live in Michigan. T...