Eric Hathway
Ethical dilemma- super dirty unit, but the guy is disabled.Evict?
I recently acquired a building and there is one unit which is disgusting, smelly, and dirty. There have been multiple complaints of the smell by the other tenants. The smell equals that of underwear that has been worn...
Nick S.
Deal analysis in SE Houston (Clear Lake and surrounding)
I've been analyzing hypothetical deals to try to set my buying criteria and wanted to get some feedback on my numbers and assumptions. I'm a new investor looking at buy and hold rentals in the SE Houston market. Areas...
Alex Silang
How scary are balloon payments / short term debt?
Right now I'm in residential 100% because of the availability of 30 year debt. Balloon payments terrify me, am I overreacting?Not being able to refinance is one of the ways you could lose everything. I can't imagine h...
Daniel Goldfinger
Looking for Feedback on My Next Move in Life
My partners and I in Salt Lake City, UT are getting ready to head out to Cleveland to look at some properties to invest in, and at the same time, I am separately preparing to buy my own first property on my own. I’ve ...
Mark Turner
Evaluating an RV Park
Hi, looking for a way to evaluate an RV Park? I am familiar with evaluating SFR and MFR as I own those. Ideally, I'd like a primer (tool) to help with the financials. I want to physically look at locations, gather ...
Mark Spritz
Escrow company did not find issue with property deed/title and I now own partial lot
Not sure what my options are. I was sold a property that I was told was on a particular sized lot. The Lawyer/Escrow company did not find out that part of that lot was considered a separate lot. So basically, there ar...
Steven Frey
Extra money - focus on 1 of 5 mortgages or a little for each.
I have a few properties and positive cash flow. I was trying to decide if I should try to 1) focus on paying off one mortgage or 2) spread a little to each loan. I have a long term perspective on them all. I have a ...
Tyler Carpenter
Cap Rates
What cap rate do all of you investors look for when buying multi units? Im curious if you base different cap rates on certain amounts units compared to that of other another building with a different amount of units. ...
Jonathan Jewell
HELP! JV financing, partnership or just plain crazy. You decide
Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...
Account Closed
Getting rid of inherited tennant with 11 months remaining
Hey everyone,Looking for a little advice from someone who might have had a similar circumstance in their careers. I am closing on a new duplex in NE Minneapolis, MN next week and have inherited tenants in both units....