Jack Tou
Collection agency or attorney for non-paying tenant
Hi all, new to the community here and thanks in advance for any advice. My family got into commercial real estate 2 years ago with a small retail shop. The existing tenant has been a real PITA. We've tried to work wi...
Bienes Raices
Child support as a form of income?
I just met with a woman at the rental. Her source of income was SSI + child support. As it turns out, they did not meet my minimum income requirement (3X monthly rent), so they didn't apply.
I've dealt with SSI befo...
Raymond Richey
HOA is amending bylaws to prohibit rentals, how do I fight it
I have a property in a small neighborhood with an HOA. They announced the annual meeting with banning rentals on the agenda. I have owned this home since 2008, and lived in it from then to 2010. This is an "amature...
Account Closed
Critique my plan going forward
Good afternoon,I have made numerous financial mistakes and I'm tired of it. I want real estate to be part of my investment portfolio and I think I have an interesting way to do it... Please critique my plan.I currentl...
Chris Wilburn
Portland vs Detroit
Hi Everyone, Hoping to get some thoughts on getting started in Portland,Oregon vs. Detroit,Michigan.I’ll be moving to one of these locations soon for a new full time gig. I’m thinking holistically about the move, and...
James Park
This Is Why You Want A Woman As Your Real Estate Agent
Interesting article on www.businessinsider.comI have heard that in commercial real estate sales, the ratio 3 : 1 ratio of male to female agents, but in residential real estate sales, the ratio is 2 : 1 ratio of female...
Sarah Miller
What holes are in my strategy?
Hello! This is only my second post on BP. I am a new investor from NE Ohio. My husband and I recently purchased/are waiting to close on our first duplex (50/50 rule applies perfectly, making $600/mo profit or 300 e...
Kenton C.
Replacement cost value much higher than what I bought the property for?
I am looking for replacement cost value DP3 insurance policies on my first rental property. I paid 71,500$ for the property, and it has brand new roof, plumbing, electrical, and floors. I am being quoted for 171,000$ ...
Devonta Taylor
Advice on becoming a licensed agent
Hello BP,I know I'm putting this in the new member introductions but I'm not really new to BP. The last few years I have been stuck in the paralysis analysis stage with real estate, I honestly feel like real estate i...
Clark Dickenscheidt
Where to start investing?
I have been reading blogs, listening to podcasts and "lurking" on BP for over a year now. We are ready to start investing but can't decide where to start. We have about $65k set aside to invest in real estate and ca...