Paul Sandhu
Breakdown of leadership of tenants in a STR
Back in January I had 5 guys move in to a STR. They are refinery contractors whose primary language is Spanish. 1 guy was the superintendent. He estimates jobs for the refinery and makes bids on them for the rest o...
Jerry Gurley
On the Phone or In Person
I am curious what the community thinks about negotiating deals over the phone versus an in person visit. I typically deal with vacant houses that have been inherited so when I go see the property I typically do not s...
Steven Barr
Wholesaling - how to do it
Never wholesaled a property… usually flip them.
I have one Id like to wholesale though. What are the steps I need to take to do it?
Also, if I put under contract and can’t sell, am I on the hook for anything?
Matthew Slaughter
Tenant Has Not/Will Not Sign Lease
Hey BP Community! So here's the short end; Purchased a triplex a couple months ago. Utilities have been pretty finicky so I finally have everyone moved to a flat fee, which not being on a flat fee caused some hairs ...
Gaby Liu
📢 Seeking Advice from Fellow Investors 📢Contractor issue
Hello fellow investors,
I find myself in a complex situation and would greatly appreciate your expert advice and insights on how to proceed. Here's the issue:
I recently hired a licensed contractor to work on a proj...
John J. Stoia
Looking for advice-starting out with real estate investing
Hello everyone. I appreciate your advice from my previous post on being new to real estate. I have been reading, listening to the Real Estate rookie podcast from BP and picking up on some lingo so far.Regarding my str...
Kenneth Garrett
Fee/penalty for terminating a lease
Hi BP Community.I want to add a clause in my lease for allowing an early termination of the lease. I just acquired a property and one of the tenants moved out early. Should have been disclosed to us but that is a d...
Tim Daunch
How to record a sales price of $10
I am flipping houses. I'm running into potential buyers challenging me with "I know what you paid so I'm only willing to pay "$X". In Ohio, the recorded purchase price comes from the purchase price listed on the HUD-...
Nick M.
Evicted Once Before But...
Hi All,Few days ago I purchased a multifamily [in PA] and inherited a tenant who is late on his November rent. Digging into it a bit further, since moving in March 2016 he's been habitually late and in Jan/Feb 2017 w...
Padam Neopane
Property Management Contract Term
Hello Friends,
I have a condo in DC managed by property management which expires in July 2023. Tenant is leaving end of May. Contract says to give 30 days notice to terminate. Do I have to wait until 7/2023 to termi...