Account Closed
Denver Bubble Bursting ? or is it Just Hype?
This is what the news is saying, but then, when did I ever trust the news.
Benjamin Ervin
Second "Deal" in the Books - Photos and Description Included
It has been a few months since I have really been active on BP, but my wife and I just came to the conclusion of our second “deal” and I wanted to jump back on to share some of the details and transformation photos wi...
Chris Guinn
Tenant with Late Payment History wants a Dog
Hello BP Forums,
Two months ago one of our tenants expressed interest in adopting a dog and inquired about our pet policy. We are a pet-friendly property, so I shared our Pet Addendum doc with the tenant, outlining...
Victor Baronich
Rental repairs wiping out profit
Hi, I have been into rentals now for about 4 years. We currently have 12 rentals, all sfh's. What I am finding is that essentially we make no money and probably lose money slightly overall. I was very careful when ...
Brandon G.
The Big Short: What they left out
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Jared Smith
Arizona Real Estate is still Hotter than the Weather!
For the 13th
consecutive month, Arizona has had positive median purchase prices and rent prices go up with a 14th month trending in the same direction. The Average Median Purchase Price for a SFH is now $445,000! And...
J. Martin
Capital Expenditure Costs: A Case Study on SFR & 4plex - What do you use?
I was surprised by the amount of long-term costs I calculated and even more surprised by what my biggest costs were going to be!!!! I also learned about better ways to estimate long-term expenses. Flooring and interio...
Darren Morrow
MOLD!
I did a walk through of an REO today and it was in decent shape, but the broker said it probably wont be able to go to anyone but a cash buyer because of MOLD!
Any ideas on how much it costs to deal with the mold pro...
Terri Lewis
multi million PML, how crazy is this? Scam, or possibly real?
We have been approached by a millionaire from Nigeria. I have ran a check on him and he is indeed wealthy, if he is who he says he is. He has approached us with a multi million dollar loan offer. Seems bogus, and not ...
Joseph Weisenbloom
Multiple quadplexes on one street
Have you guys ever ran into a situation where you find a neighborhood that is made up of 30 quadplexes on one street? The quadplexes are all owned by different owners so the properties have varying degrees of maintena...