Sarah Byun
Long time tenant issue
I'm new at this so that any advice will be appreciated.
The first triplex we purchased had long-time tenants. This particular tenant's been there for almost 20 years, and the rent didn't increase much since the firs...
Justin Morris
Mortgage Seasoning Period
How long is the seasoning period once you purchase a home in cash before you can refinance? Are there lenders out there that have no seasoning requirements? My wife and I are about to purchase a tax deed home and I’m ...
Noureen A S.
Tips for avoiding having to turn over tenants during winter/fall?
I just read through a BP blog post about how to avoid potentially long vacancies for tenant leases that end in the fall/winter.I'm closing on the rental property at the end of this week, in December. One amazing tip f...
Jesse Murillo
1031: Outbid on 3 properties
My 45th day is coming up. What happens if I can't close on any of the 3 identified properties ?With a hot real estate market and multiple offers on properties, can I change properties if I'm outbid on initial 3 proper...
Pradhap Nirmal Natarajan
Opportunity Zone Investment Tax Deferral
Hi All, I have a question on the capital gain deferral. I made some capital gains in December 2019 and I was wondering if I can invest these gains in an opportunity fund (Fundrise opportunity fund) in January 2020 an...
Gurjot Grewal
First offer contract, do I need an attorney?
Hello BP,I'm making my very first long-distance offer on a property using an agent. He has sent over a very long purchase contract. I read it once and will have to re-read it a couple of times. But noticed nothing out...
Gil Segev
Where to find cash flowing rentals in TX?
Hi all, I live in Austin and would love to invest closer to home after not so successful out of state investments. I chatted with several agents in Austin and San Antonio and it looks like finding positive cash flow i...
Mary Ainsworth
Tuscon AZ or Houston TX?
Hello,I'm currently analyzing the markets in Tuscon and Houston and they both seem like pretty good options in terms of job growth, population growth, house price, median price to list sale, and days on market.What fa...
James Wise
It's always a good thing when your MF tenants get along right? Wrong!
This was a new one for me today.We have a side by side duplex. Had to evict both tenants. Move out day for one unit was today, the other unit is 9 days from today. The tenants did not vacate the premises so my guys sh...
Victor Trejo
Below Market Lease Expirations
Amateur questions here 👋
I recently purchased my first 4 unit property. The tenants leases are all expired and all of their rents are below market. One is at 850-should be at 1100, another is at 750-should be at 1100...