Ty Whitman
What are your thoughts on this "conspiracy theory"?
It's been a bit of a surprise to me that, in spite of what I thought was a huge bubble last year, both real estate and stocks all kept rising. Once COVID hit, I was sure that would prick the bubble and start the down...
Lloyd Segal
Economic Update (January 4-9, 2021)
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
Tzvi Balsam
Getting calls do not know how to handle
Hello,I just sent out my first mailer using @Jerry Puckett In NJ somwhere.I started getting calls yesterday and it is a disaster, I will try discribe all the issues one by one.Someone calls while I am in the car I ans...
Kyle Mitchell
Seller will not provide bank statements in due diligence
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...
Nghi Le
Failed Property Inspection
I just received notice from my realtor that my buyers from my first flip in Burien, Washington (SW Seattle area) pulled out of the contract because it failed inspection.Two reasons:- Roof needs to be completely remove...
Senia E Cuevas
New to BP - Evaluating a 8 unit apartment Building
Hello BP,
I joined this week and new to real estate investing - rental is the way I want to go. I found a 8 unit apartment building $400k and have about 40k to use. Learned at the webinar this week that I need 20% ...
Anna Flores
Tenant caused damage and is trying to Jedi mind trick me
Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...
Richard S.
New Jersey Rent-to-Own / Lease Options
Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...
Alex Smith
Insurance Dilemma- being cancelled due to fire
Early in January, our duplex caught fire, destroying the bottom unit. We fully renovated it and placed the tenants. This is our best performing property and I really don't want to sell it, but after getting a notice a...
Nick S.
CapEx and Property Management - higher than expected
As I continue to analyze deals while I look to buy my first rental property, I've recently come to the realization that my initial cost estimates were probably on the low side. Just today, I think I've convinced mysel...