Kody Bernier
When should I cut loss and sell rental property?
Bought a property in Summer 2020 and it’s been nothing but repair after repair. I bought the home for $194k. It was in “good condition” meaning it didn’t need a renovation. Floors, walls, roof were all in good conditi...
Stephen McAuliffe
Buying Mobile homes by paying off unpaid lot rent
I was wondering if it was possible to buy mobile homes in various parks by paying unpaid lot rent ? Also could I treat this similar to purchasing a tax not and eventually repossess the property ?
Jason Cruz
What up!! Beaumont, Tx
What up people!! Its great to finally be able to find a place full of energy and excitement! Not to mention information up the WahZoo! ;)Ive been into Real Estate as far as I could remember. My dad did it when I was y...
Wade Garrett
An Eviction Story - Inherited Tenant
I have an inherited tenant who has been a PITA since I purchased a fourplex in August. She has been late on rent every month since I purchased the property. The previous owner was in the process of evicting her for no...
Hal Cranmer
Are Lease Options a scam to fleece people?
Hi,
I just sent a Ron LeGrand lease option agreement in to my lawyer for review. She came back and equated it to a contract that some furniture rental places use with lousy credit customers who they can charge late ...
Patrick Gleason
Condo Flip in Older Commercial Building. Advice Needed!
Hi BP, A condo has just come up for sale in my area. The town has come a really long way in the past couple years and being 15 mins away from Boston, that helps as well. This condo complex is a 2 minute walk to the co...
Mark Forest
Tenant claims three TVs have burned out
One of my tenants says that the power supply on three of his televisions have burned out. Would the electrical in the house cause something like this or are they just buying cheap TVs? Could it be the fault of the loc...
Chris Adams
Risks of purchasing previous meth house?
I'm looking at a home that was previously a meth lab home. It was supposed to have been "cleaned up" and was purchased once in 2011 after the meth problem.
My realtor is saying the home still has the stigma e...
James Ehrig
What do I do with $140,000?
Hello all,
I have $140,000 I want to invest. $100,000 comes from a prime rate line of credit. I am interested in nearly all types on investing in real estate. I have a strong W2 with a great DTI ratio with great cred...
Kelly W.
Do the property management companies always overcharge?
Hello! I need your advise.I’ve been renting out my house through a property management company for two year. I’ve noticed quite a few unreasonable repair charges. For example like this one: “one charge was to take the...