Justin Wingfield
Section 8 - Share your experiences!
Hello BP peoples! First, I am a relatively new multi family investor. I have a duplex that’s on the market to rent and I keep getting asked if I accept Section 8 vouchers. This makes me realize that I don’t know enoug...
Mineto Anfield
Sell my underwater residence or rent it
BP friends,
The unit beside me was sold to our city's housing authority and the tenants have been horrible. Several complaints and nothing done.
I want to sell, but I'm underwater. If I rent my place I would have to c...
Michael McGarity
Owner Financing
I am trying to make my first offer on a property, and I want to see if the owner will possibly do a sellers finance, but I want to know some pros and cons to owner financing so I can be ready to speak with the owner s...
JD Martin
Experienced STR owners - is "some" money always better than "no" money?
Good morning all!I was having a conversation with another investor a few days ago regarding short term rental occupancies and rates. In some areas right now it appears that bookings are "down", at least compared to th...
Bob Beach
Property Managers, Red Flags?
We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, th...
Benjamin Haberman
First flip
Closed on house yesterday. Single family-4 bed , 2 bath.Paid $127Rehab budgeted- $30 kList price- $249,950Day one- Ripped up all carpet, tack board, base board, kitchen laminant/cabinets out. Sub floors have areas th...
Cameron Riley
Tenant Late on Rent - How Do you handle This Situation?
- Do you instantly jump into the eviction process? ( Late More than once, they have also passed the 10 day period of grace ) - Do you ever BEG or Repeatedly Text A Tenant Asking For Their Cash/Rent Money? ( my partner...
Weston Couch
What are your risk of a tenant suing you?
Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
Eric Canning
Airbnb guest rating help
I just had my first guest ever with my new Airbnb. I'm not off to a good start. I want to leave them a bad review but my place has zero reviews and I don't want to get in a war with my first guest. The issues were the...
Gulliver R.
Well water in a mobile home park
Hello BP,
I am potentially going to buy a park with well water and City sewer. I have two questions:
During Diligence what are the action items I need to do and things I need to keep in mind?
Once I own the park, w...