Ritch Bonisa
The worst horror stories - help us all learn what you've learned
I'm lucky, I get to talk to investors all around the world. I learn something new on a daily basis. I'm thankful for that. I also understand that we don't learn anything unless someone else learned the hard way. I...
Matt Liu
Renters in your own house... separate areas?
Let's say you buy a single family as an owner-occupant, with the goal of having a couple renters to defray the monthly bills. But let's say the town does not easily allow conversion from singles to multis anymore. Can...
Jean Pierre
Vanity vs. Pedestal Sinks
I have a 2/1 and I'm torn between adding a pedestal sink instead of a vanity.I'm thinking a pedestal sink will last longer vs. a vanity that does have storage, but I'm afraid of it warping overtime.What are your thoug...
James Mays
Inspection Report - How would this inspection report affect your offer?
Hello BP Team!I recently went under contract for a 4/2 LTR/Section 8 house with current tenet in place in Jackson, MS. Inspection report came through today. First time out of state investor. Currently have a local LTR...
Catherine Brennan
Legal Question: trampoline in backyard of rental property
Good Afternoon - seeking advice about the following:I drove-by my rental property and saw there's now a trampoline in the backyard. I read through our lease again and tenants are required to get permission/authorizat...
Andrew Steffens
Question for PM's, Self Managers
Good morning!I had a bit of realization yesterday and want to test the temperature, mainly for self managers and smaller PM's. I basically group the business into 2 segments, administrative tasks (pricing, marketing,...
Chris Seveney
Spotting an investment that will not end well
Here is an email I received this AM. Here are some things that should jump out like a sore thumb:1. Targeting 50% IRR. This should be a 100% pass and do not even read further.2. Tout its a proven model - how many prov...
Clark Harbaugh
How to minimize taxes when dissolving partnership
We are starting the process of dissolving our investment business (LLC) that has two partners. We know we have to sell 1 property, but the rest will probably be distributed equally. My question is when we sell the pr...
Joshua Meyers
How concerning is this issue?(See Pics)
Found a pretty solid deal today and the seller seems motivated. The only problem I've found with the property is this crack/shift. There are no cracks in the walls and all the windows, doors, floors, etc. seem to all ...
Kathryn Dunnivant
Opportunity Zone Fund
Hi Everyone,I am closing on my first rental duplex in mid-December located in an opportunity zone. I do not yet have an LLC set up for this property and it will be owned by my husband and me at first. We were planning...