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Hey BP Fam,When looking at a potential fix and flip deal, If the comps in the area aren't renovated/updated, does it automatically mean it's not worth getting into? I've heard mixed views on whether or not you should ...
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Just closed on a long distance deal. I “was” buying duplex with one unit occupied and one unit vacant. I ended up buying a duplex with both units occupied and the new tenant not paying any rent.So in short, contract...
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Hello BP family, I am currently working with a residential property owner who is about to enter foreclosure proceedings. I was initially thinking of a lease back option, but reading through some of the forums it seems...
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Hi all, yesterday I posted a question asking if your property manager does inspections on your rental properties and if yes, how often. I forgot to ask another question in that post which was, how much does your prope...
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Have you guys seen a slow down (i.e., price cuts, a lot longer DOM) in your local market now rate is at 5%? If yes where is your local market? Most markets still have supply and demand issue, but what will happen when...
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WhIen speaking to insurance agents they ask me how much building coverage do I need? I have no idea but I'm told that $200 per sq ft is replacement cost in the greater metro area. Does appraised value or loan value ha...
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Would you be suspicious of this being a fake reference? I have my vacant rental home listed on Avail.co. When a tenant completes an application, their system automatically emails a 5 question form to those people ...
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Hello everyone, looking for advise please. Current tenant is in the military and is getting deployed so they are going to be terminating the lease agreement which I'm okay with doing however they did recommend a frie...
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I recently included a tidbit about the "10 for 12" in my weekly seller financing newsletter. It generated good responses and questions, which made me think to share the topic here:
Start with the assumption someone h...
Hello,I received an application from Zillow rental manager today. The applicant looks solid in terms of monthly income from job and credit score for my Class A rental. However his previous residence seem like Class C ...