Jerryll Noorden
My Take On "Consistency" Sending Mailers
Here is why (I believe) sending multiple mailers to the same group is a bad idea. Keep in mind this is my take on it. Use your own logic before you just blindly follow what everyone tells you to do (me included).
1...
Naseera Mohamed
spending on an REO property even before closing
My mortgage broker has convinced my husband to spend on some improvements in the house that we have a contract on,, so that it would appraise correctly and help him get approved for the loan. I am not so convinced ...
Darsh Patel
Renegotiate purchase price after inspection?
Hi everyone, I just got an inspection report on a rental property that I am buying and have an accepted offer on. It came back with a lot of minor fix ups that need to be done. I didn't expect this many things to fix ...
Chad Rupp
Underwater rental property. Keep it or short sell it?
I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
Al Williamson
What's You $100 Expense Reduction Tip?
What can a buy&hold guy do to shave an extra $100 off monthly expenses without taking on additional work for himself? Tips I've gathered so far are a combination of the following: challenge property taxes, shop fo...
Josh Collins
Can I manage my friend's home as a rental w/o realtor's licence
My friend just took a job in the Netherlands and is moving to Europe in a month. He wants me to manage his property for him while he is gone. I have storage facilities and have had other rentals myself. I'm wonderi...
Dave Meyer
How will Coronavirus change your investing plans?
Hey everyone -- we're trying to get a sense of what the BP community plans to do in the coming months, given the impact of coronavirus and the related economic ramifications. Could you please take 2 minutes to fill ou...
David Epstein
Recession coming ... strategies?
all, a recession is coming. No I don't know when, and am not seeking to time the market or even predict when it will happen. But recessions always come and the current recovery/expansion/bull run is lengthy by histor...
Kristen Whiddon
Tenant's "Service dog" attacks neighbor's dog
Unfortunately, I got a nasty email from the HOA of my rental property today saying that my tenant has been warned repeatedly about his dog being off leash which is against community covenants and county law and yester...
Phil C.
Access to Capital - What to do next
Currently me and a partner own and manage 12 units. We are looking to add more units and grow but are not sure exactly the best way to do this. I know we have access to capital using debt financing (~$100k or more @...