Michael Bennett
Investing in Class D Markets
I am a new investor in the Tulsa, Oklahoma Market and I have been studying real estate for about 6 months now. My first investment was a partnership on a flip project. We are about two weeks away from completing the r...
Curtis Stoddard
Do you think this person is fraudulent?
Hello all,I have a prospective tenant applying for a 6 month lease at my 1b1b studio rental unit. She is an older woman that says she is going through a divorce and wants to move to my town so she can be close to her...
Nurzhan Abenov
First Flip done succesfully
Hello BP2 weeks ago we closed our first flip. I’ve been reading bp for over a year now and always enjoyed reading success stories. So decided to share ours.We purchased 1bd condo in Fairfax VA. We used hard money. 10%...
Drew Denham
New GC for roof wants full payment upfront?
I need a new roof on my latest flip, NEW GC said he wants the full $6100 down because its not my primary residence. He won't sign the invoice until its paid in full (and I live across the state). I called one referenc...
Russell Holmes
Are there long(er)-term private lenders for owner occupied?
Hello BP,I want to see if anyone could point me in the right direction or offer insight on something I'm trying to help an old friend out with. This situation isn't one I'm looking to profit a dollar from. But if the...
Eric F.
Building a rental portfolio with Subject To/Lease Options?
Hi,
I have been thinking about different ways to get some rental properties for a few months. I was thinking a good way, before the market really rises, is get some Subject To or under a lease option, with the optio...
Michael Davido
Analyzing a rented duplex
This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
DG H.
Old Texas Landlord law?
A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...
Anthony Pisciotta
Reduced Rents for COVID-19?
I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
Stephen Kunen
Should contractor still be working on the rehab during pandemic?
For those of you who are in the middle of a rehab project, are you still letting your contractors work on the project? In our case, there are no more than 5 people working there at the same time. If not, can we reques...