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Hey BP community,I’m 19 years old and still trying to get my feet wet in the real estate game. With the new wholesale law kicking in my state (Illinois), I’ve decided to take a step back from wholesaling and try to ge...
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Amid record-breaking new unemployment claims, a movement to “cancel rent” is spreading across the country, Many renters are negotiating deals with landlords—or refusing to pay altogether, joining strikes that have alr...
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Hey BP,I’m 3 months into renting out my first property. I rent out by the rooms and charge a flat monthly fee while I take care of utilities. The PG&E bill has been over $400 and PG&E said its mainly the heate...
Hi,We are renting out a house to our contractor who did work on the house and he became our tenant. Our property manager who is friendly with our tenant has informed us that since the inspector says we may not use the...
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Hello All,I am a young professional interested in rental properties and have lots of questions.The area (or market) i am in, seems very saturated with tons of place already available for rent. Do you analyze an area ...
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Hello BP!In a real estate podcast(possibly the BP one) I heard a guest mention that depending on what they claim on taxes could determine if they get approved for future loans. I am wanting more information on this to...
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Hey BP! So I am a new to REI but I have done a TON of homework by going to RE seminars, listening to BP podcasts and reading everything I can put my hands on when it comes to REI, including BP's UG to REI. Im at the p...
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I have a tenant who smoked hookah in his room against the lease agreement's non-smoking clause. He has agreed to stop smoking in the house, but I'm not sure he has. Is there any way to make sure he stops smoking?Also,...
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Morning All, we took over a 3 flat for management last week and it had frozen pipes the day we took it over. With the prior management company failing to keep electric in their name leading up to the turnover it resu...
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Hey everyone,
I own a couple of properties in the Phoenix, AZ area and I am thinking about selling one of them and using a 1031 to get into some mid-large multifamily in Western NY where I own a couple of properties ...