Matthew Paul
The xmas eve phone call of course
Just got a call from a tenant , no heat . Its a gas furnace . The service guy was there and it has a cracked heat exchanger . This doesnt suprise me since the furnace is over 35 years old .It was due . So I am droppi...
Patricia Miller
Can't seem to get the right HOA documents from the HOA/Prop Mngr
I finally have an accepted contract in the Denver, CO area (woohoo!) and we are in the due diligence phase. After several requests, we got 8 downloads for HOA documents but for some reason the most recent Homeowners A...
Art Maydan
Deal Fell Through - What's My Take-Away?
My wife and I were supposed to close on a duplex today. Yesterday, the financing fell through. I found an off the market, gut rehabbed duplex that looked like the perfect deal. We were going to buy it for $270K and it...
Susan H.
Late fees & grace period (Arkansas)
[Likely questions with an obvious answer to all you experienced folks...]My rental property is in Arkansas where the state statute notes a 5-day grace period. If rent is due on the 1st, can I send a "you're late" noti...
Dave Hurt
No cash out refi on property held in LLC under new Fannie Mae?
Hi folks, I was just shy of the finish line on a cash out refi on a rental I hold in an LLC...when today my Lender called and said a 'new Fannie Mae guideline' prohibits cash out refinances on properties owned through...
Bryan Weschler
Good or Bad HOA? How to tell?
What makes a HOA good, versus not good or stay away from?
Adriel Hsu
14-unit apartment virtual assistant management?
Hello BP,I have a 14 unit C+ apartment that I am debating on property management options. I work full time and I currently have an off-site management company that charges 8% monthly fee and half month's rent on lease...
Jonathan Newsome
Looking for suggestions/help with a seller
Hey BP! Looking for ideas or suggestions with this deal. I'll jump right into the details now. 3bd/2ba SFH w/1,524 sq ft. built in 2004. Location: Waynesville, MO (20 min from Fort Leonard Wood)The seller has remodele...
Richard Wedlake
How to grow my remodeling business
I’ve recently relocated my family/business to Washington State. Im busy and turning work away on a daily basis which is now starting to frustrate me. I’m looking for a mentor that can advise and guide me in the right ...
Brian S.
First Tenant issue -
I have a tenant that is 6 months into the lease and she told me on the 1st that she is moving at the end of the month. She is late with this months rent. Do I go thru the process of getting a judgement against her or ...