Shane Johnson
Enough creeping, time to introduce myself.
Hey BP, my name is Shane and am newly vocal on the forum. I signed up awhile back, but have been busy with other things, and only recently had my passions for real estate reinvigorated. I am a 26 year old Sales Exec,...
Andy More
Minimum Acceptable Profit on a Flip
I sent out my second mailer on monday to multifamily property owners with equity. I sent out 80 letter and have already received 7 calls. I've made 7 offer and so far have 5 rejections. Havent heard back from the othe...
David Robertson
Why do short sales take so long?
I currently have an offer in on a short sale...it has been 3+ weeks since my offer without a response from the bank...I was told 8 days ago I would get a response with 48 hours...I still haven't heard anything to date...
Nicholas Arthur Hogan
Year the property was built
I’m currently looking at a property in Houston Texas that was built in 1930. It has been renovated by the current owner within the last year. It has a new roof, completely redone interior, and is a duplex. 3 bed 1 bat...
Sherman Johnson
Tenant Wants Payment for Couch/Sofa
Tenant placed couch/sofa near wall heater. The tenant now claims the heater melted part of the couch. Any thoughts?
Nadia O.
STR - Big bear lake vs Palm Spring vs Lake Arrowhead
We have been thinking of purchasing a property either on Palm Spring, Big Bear Lake (Moonridge), or Lake Arrowhead.
Big bear lake seems to be our #1 choice since the city is more friendly towards STR. The homes in m...
John Ringgold
What's the typical lease missing that you've added to yours?
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Courtney Nguyen
Cost of doing annual roof inspection/maintenance on commercial building (retails)?
Hi all,The retail strip I manage is 5 years old and is in good shape. I just took over management 2 years ago and don't think previous management/landlord ever did roof maintenance (giving it was still new back then)...
Eric Smith
How I turned $10k into a $50k Line of Credit
Almost 2 years ago, I was a finance director at a Dodge dealership in my home town. I had been building my rental business but soon learned that having to come up with 15-20% down on each house prevented me from buyin...
Buck Dabill
Old Hotel into apartments, Should I buy?
I have an opportunity to buy an old hotel built in 1952 which has been vacant for 30 years. it is a 42 room hotel on one level 13,000 sq ft. Cost looks like 30k. repairs are estimated to be 850,000. we plan on turnin...