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Results (294)
Brian Erickson About to attempt my first door-knock on a pre-foreclosure house..
3 November 2018 | 21 replies

I've found a property I'm interested in which a 'notice of trustee sale' has been issued and is 'scheduled' to be auctioned in a couple months time.It appears to not be completely repossessed by the lender and the own...

David Cole What Could Go Wrong?
29 June 2023 | 10 replies

I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...

Tim Lyons Should "war zone" neighborhoods be avoided for first rental?
28 March 2018 | 5 replies

I know how horrible it could be dealing with deadbeat tennants, crime, vandalism, evictions, collecting rent, etc.BUT, when $30K buys the whole house, it seems like there could still be opportunites to cashflow, and y...

Edward Stephens Forming LLCs for a Duplex House Hack
1 August 2016 | 9 replies

Dear BP Community, I am buying both units of a duplex, leasing one unit to someone else and living in the other. I’m taking a hardship withdrawal from my 401(k) to fund the purchase. Any comments regarding my decis...

Andres Piedra Contract Verbiage: How would you interpret this statement from a legal perspective?
3 November 2013 | 18 replies

"KITCHEN FRIDGE WILL BE REPLACED WITH STAINLESS STEEL FRIDGE CURRENTLY IN BASEMENT"

Would you think the person selling the house would be required to move this giant fridge to the kitchen or just leave it in ...

Daniel Haggar First eviction in Colorado, do I NEED a lawyer?
13 November 2019 | 12 replies

I have a question for you landlords out there. On 11/1 I closed on an apartment building. One of the tenants did not pay rent. My intent is not to renew their lease and I have already let them know in writing. I conta...

Rob K. Has a tenant or former tenant ever sued you?
7 December 2013 | 28 replies

There's another thread going on about LLC vs. higher liability insurance.

I'm just wondering if any of you have ever been sued by your tenants? If so, what happened?

Some people are setting up an LLC on each house. ...

Lu Carter Potential Tenant has kept out-of-state DL for 4 yrs
22 May 2015 | 30 replies

I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years.  So far the information about landlord history and income is normal.  On their applications I ask for drivers license number and state...

Xavier Alicea Is anyone on BP investing in Englewood, Chicago?
3 April 2020 | 16 replies

I’m looking to purchase rental properties in Englewood, Chicago. And curious to hear from investors already doing so.