Robert Smith
Tenant Wanting To Break Lease Early...
Our tenants (who have rented from us for about 1 year and 5 months) are having to terminate the lease early due to job loss. The husband was the primary bread winner and lost his COO job. He says he found a new one ne...
Account Closed
Negative CoC ROI and Negative Cash Flow
Planning on living in a duplex where we would have a negative CoC ROI and a negative cash flow for the first year. Only planning on living there for one year because of the FHA rules. From there, I estimate we would b...
Anthony Hidalgo
SFH Rental Strategies or Exit Strategies
Hello, BP family! We have run into a dilemma. Our tenant is breaking the lease early. We are in the 80925 area code of Colorado Springs close to Peterson SFB, Shriever SFB, and Fort Carson. Home is a 3700SF 5/3 Ra...
Ali Syed
Living in New York, Considering Out of State Investments
I am 30, single and currently live in long island, NY. I'm currently in a very forgiving circumstance, where I am living for free at my family's home. I've saved a good amount of money this past year and due to covid,...
Stephanie Douglass
What would you do with $150,000 cash?
I will have $150,000 cash this summer from the sale of a single family rental that I bought five years ago and lived in for two years.
I’m curious: what would you do? What market would you invest in? Would you buy a...
Ting Lai
Tenant threaten to appeal to legal
This situation is in Tucson, AZ. My tenant reported a malfunctioning water heater a week ago. Immediately my property manager has contacted home warranty and scheduled a technician visit. The technician brought the wr...
Michael Quarles
What to ask when a seller calls.
Some investors want to know the sequence of questions to ask a prospect I’ll never ask their name or house address until they qualify themselves as a prospect at the minimum amount of 85% of as is value. this is the...
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
Purchased a property that was listed by sellers agent on Zillow realtor.com etc as triplex with rents listed etc. my realtor verified the rents, as it has been rented as a triplex for 25+ years, worked with both my re...
Ty Monroe
Renting a Duplex with parents, is this a good plan?
I am wanting to get a multiplex and be a landlord and OO. My parents want to get a house closer to town. so my thought was, could I potentially just purchase a multifamily house in Lafayette Indiana using a low down p...
Stefon Bostick
How can i help a flooded homeowner wanting to exit?
Good Evening guys, im down here in Houston, Texas and really thinking of ways i can help homeowners who have been flooded for the first time and wanting to break away from their homes in search of a new beginning. I'...