What's a good way to establish credibility when you're young (22) and talking to sellers? I know some people may be skeptical when they see a relatively young investor I feel that's the biggest barrier to overcome. I'...
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Economic Update
(Monday, May 17, 2021)
The Centers for Disease Control and Prevention now declares fully vaccinated people in the United States can safely resume outdoor and most indoor activities without a mask. ...
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Hey BP,
I am under contract and passed the due diligence period on a tri-plex located in South Carolina. After discussing my concerns around the current market conditions sorrounding COVID-19 with my agent, she menti...
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I purchased my first rental property a few months ago. It is a detached duplex with long term existing tenants. By long I mean the front unit lived there for 13 year, and the back unit lived there for 30 years! Th...
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I have a belligerant tenant whose lease expires June 30th. He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...
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Hey everyone, I've got a situation where the renters have been great as far as paying on time, but their lease is up and they won't move. We told them over a month ago that we are going to put the house on the market....
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I was contacted by a woman named Faith Lee on Linked In. She works for El Solutions LLC. The website for them shows they do payday type loans, small amounts. I told her I don't think there would be any need since I ne...
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Navigating a Strange and Uncertain Market
We’re rolling into year two of decade three of the new millennium amid some of the strangest circumstances in recent memory. Covid-19 has put governments, societies, and econ...
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Hey BP community I have a situation, that I need advice on. We are doing a cash out refinance on a property and our property manager scheduled an appraiser visit with the tenant who choose the date and time for the ap...
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This might be a novel question, maybe not: I'm looking at a property that should be a 5 unit, but one unit does not currently have a C of O due to the lack of a working bathroom. It has been in this condition for the ...