Nathan Gesner
Landlord lost $60,000 in rent, Tenant walks away
As the Landlord admits, he's partially to blame because he failed to conduct a background check. If he had, he probably would have learned these are habitual offenders. We used to call them thieves.https://www.wfsb.co...
Mark Taylor
Security Deposit Withholding
We lived in a really nice house for about 7 months and our landlord sold it. We were aware that this could happen, but the problem is that we had a tear in the carpet that we knew would need to be replaced. We were mo...
Billy Mclachlan
Calling All Sinkhole property specialists!
Hi B.P's I am an investor from New Zealand currently active in the earthquake damaged house market. We buy As is where is properties and rem-mediate the structural aspects to obtain insurance then sell for modest prof...
Darlene Rajkumar
35% Rent Increase Worth It??
My properties are in Tampa, FL and the market there is pretty crazy right now. I've had these properties for 11 years and have never seen so many people looking for properties to buy and rent.
The rent I'm charging ...
Nick Rivers
Selling an investment SF - with 200K Pay off my Heloc or 1031 elsewhere?
I just got tenants out of an aggravating single family I've had for 4 years and fixed it up to sell. I should net 200K off of this sale. Property was only netting me $636 a month after all expenses but my interest ...
Jason Gott
Partnerships and how to write the terms
Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
Colin Youn
How to Structure the Partnership
A friend of mine from overseas is interested in investing in real estate in my local market. He would provide 100% of the financing (through his bank at a low interest rate) and I would provide the oversight and coor...
Jonathan Lipson
I drove for dollars, now what?
Over the weekend I started driving around the area in which I live, and was honestly a but shocked by how many properties I came across that were either vacant or in a major state of disrepair. Within a fairly concen...
Tim Jonasson
Palm Springs Condo- Need to Get Creative
I have a beautiful, nicely upgraded 3 BR 2 BA condo in Palm Springs. It is in a gated community, has a 2 car garage, very private with only a shared garage wall. There are 3 pools, tennis courts and it is a beautiful ...
Jameson Sullivan
Servicing debt and portfolio lending.
Is a bank that does portfolio lending considered to service their own debt and one that sells their mortgages off to Fannie is not?I see the benefits of a local portfolio lender all the way so Ive been calling around ...