Jennifer Shaw
Please help. Tenant asking for an insane relocation fee.
Tenant sent this today. Their rents is $950 each. There are two who live in our back units. This is a triplex, and I live in the front. They are asking for a 25,000 relocation fee. 90 day notice has been given for t...
Michelle S.
Seller Changes the Closing Attorney - Should I be concerned?
Hi BP Family, I am in the middle of closing a deal. The seller chose the closing attorney originally. Now, he wants to change from the original one to a new one. The reason was given as follows:" when the seller bough...
Eric V Laesch
Is it worth it?
In 5 years, I plan to move to St Louis. I've been researching areas in St Louis and think either downtown or the Central West End are areas I might want to live. I want to be in a very walkable location, close to a g...
Faiz Kanash
Recommendations for a hard money lender in Illinois?-New investor
Hey guys,I was hoping someone would be able to recommend me a hard money lender in Illinois(I'm in chicago). I don't have experience, and currently looking to do a fix and flip on single family homes. I'm shadowing a ...
Cheng Bin Zhang
What to do if your tenant attempted suicide and is now admitted?
A tenant of ours was admitted to hospital for attempting suicide. Fortunately, he is okay. We salvaged all of his stuff and is waiting for doctors or his family to contact us. Curious if anyone has dealt with this ...
Taylor Hall
Cash Out Refinance question on a rental property
This may be a silly question. I have a house that I have rented out for 3 years. I am trying to pull out 100K in equity which I was approved to do. They are asking me If its my primary house. Well yes, I homestead...
Daniel Tou
Hello from Souther California
Hello BP family,
My name is Daniel Tou. I am originally from Macau and now resides in Claremont, CA. My wife and I have been considering to become a real estate investor, and we finally committed 2 months ago. We are...
Dan W.
From $0 to $10,000/ month with a HELOC!
Hypothetical:Bob is 35yrs old and lives in Maryland. He is married with a 2 year old, he has a house (with mortgage) that he owns and has a HELOC on it for $200,000. He has $50,000 in cash (not including money in savi...
Carter Howard
First Time Investors...What do we do for Funding?
My wife and I are committed to closing our first Investment deal this year and have done a ton of reading and education around the subject of multi-family unit rentals. With all the information out there we need to s...
Jesse Watson
Pros and Cons of Apartment Syndication vs. BRRRR with SFH's?
My wife and I are still reading and learning as much as we can before diving into our first REI experiment -- our situation is that I have some RSUs from my job coming in over the next few years that we'd like to re-i...