Kamal Sharma
HOA Special Assessment
Hi,I live in a condo unit in San Mateo, CA county. The HOA is planning a special assessment of over 50K per unit for major repairs ( some of them cosmetic). The HOA decided to do a secret ballot voting and 25 out of 4...
Erenik Meka
New to subcontracting - need advice
i'm working on rehabbing a townhouse and need advice on using a subcontractor. I've found someone willing to do the painting but need to know how to go about this. Some questions i have are:-what do I need to know bef...
Timothy A.
Tenant deposited partial rent during dispossessory
Hi team, I could use some eviction advice. Tenant in Georgia owes $4500 of late rent. 3 day notice is passed and I filed the dispossessory with the court. She has since deposited $2k directly into my bank account and ...
Karyn T.
"Slow" plumbing
Our rental property is a very well kept, historic home, built in 1924, located outside of Seattle. We moved our current tenants in October 2014. Within 4 days, they (the wife, in particular) had caused $12K in plumb...
Daniel Yoo
Apartment Multi-Family Deal Analysis For You...
Ok here's the background info:
225 Unit - Class C Property in TX
$535 - 1 bedroom rent, 100 units
$710 - 2 bedroom rent, 125 units
Monthly/Annual Potential (Gross) Re...
Frank McGovern
1st closing this Friday!!!
I started researching wholesaling in December, about the same time I joined BP. I have wanted to get into REI since I was 18 (im 26). I got laid off and felt it would be the opportune time to get into REI. I started m...
Lee Marshall
Between a short sale rock and a foreclosure hard place!!!
Ok , check this out... 4 years ago i co-bought a house with a friend of mine (both of us are nurses). To cut out a lot of boring details, we are now trying to short sale the house.Because we were not in default and i ...
William Coet
Do Lenders Prefer a Borrower Has Real Estate Portfolio When Lending On Real Estate?
If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders? In other words, does owning an unencumbered cash-flowing RE...
Pauline Jones
Judgement lien options on real estate
I listened to a course by Mike Allen on buying discounted judgement liens options for $1and then cashing them in when property is sold. Has anyone done this?He makes it sound so easy but I tried to find county record...
Carlos Nunez
Renting to a tenant with a Bearded Dragon lizard
Hi Utah BP Community! The tenants in our SFH are ending their contract early and are marketing our property to find someone to take over their contract. They have a tenant who is interested who has a Bearded Dragon....