Edward Pulido
Tenant Left Without Paying Additional Expenses
I am in a bit of a predicament with a tenant that rented one of my vacation rentals in the Dominican Republic. He was in the house for almost 8 weeks. We set up the transaction on VRBO and he paid me a discounted amou...
Nathan Gesner
How to deal with smoke-stained walls/ceiling
I just bought an apartment complex. One of the units was occupied for nearly 30 years by a chain smoker. He had a stroke one week after I bought the place and his family is cleaning out the apartment. SIDE NOTE: This ...
Wendy Busa
Property under contract recvd lease not signed no rent rolls
I have my first property under contract, it is a duplex. I just received the leases, if you could call them that. They are not signed. When inquiring about credit checks and background checks, I was told none were don...
Vikas Grover
First time Private Lending - keep my investment safe and tips
Hi For first time private lending to rehabber - trying to figure out - how this works1. What should be lending terms?2. What if rehabber drops/delays the project?3. What if property does not sell as fast you would lik...
Samuel Girouard
Over storage in and outside the biulding
Hello,Im looking for advice about a tenant i have that has to many belongings on and in the property. Ive spoken to him a few times about this over a few months and have even gaven him a 30 day note. The 30 days is up...
Janet Gonzales
How to turn primary residence into passive income. $285K in eqty
Bought my primary resident in 2015, currently have $285K in equity and would like to turn into passive income. Not sure where to start.
Larry T.
3 insurance policies?
We have an LLC and have a commercial liability policy with fire and dwelling, as well as the umbrella policy that extends liability limits beyond the original policy. Do we also need "Landlord" Insurance? Or is that...
Luke Tetreault
30-Unit Lending, Not enough experience to get funding?
Hey everyone, so I’ve been investing in smaller duplexes, triplexes for the last year and half. No prior experience investing experience, have always just worked a regular w-2 job as a welder. Not high earning 90-120k...
Collin Schwartz
The story and process of sourcing my first off market deal!
After speaking to many brokers and listening to numerous experts on BP I realized that if I wanted to accelerate my growth I was going to have to source deals on my own to start. The following is what I did to find an...
Andrew O.
Possible buy and hold in Banning, CA
Hey guys,
Since I don't live out in the area, and I'm new to the country, I thought I'd try and tap the knowledge base here on BP.
I have the opportunity to buy a house in Banning, CA. It's a 4 Bedroom 2 bath. It wa...