Joshua Mellor
Inherited tenants that are entitled
I purchased a 4plex in February which had inherited tenants. One apartment I knew was going to be a problem as the stopped paying the previous owner when covid started even though they continued to work. After I pur...
Chris Talley
Funding options for retiree with very substantial assets
A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
Bruce Woodruff
What to do when guest is a no-show?
Just looking for creative input....our guests that were supposed to arrive on Friday sent a literally last-minute message saying that she had gotten sick and couldn't make it. She said she noticed our cancellation pol...
Alan Clark
Obligation to replace?
We had heavy rains for the first time since we purchased and rented a property to tenants. The roof leaked immediately above the tv and it was ruined. We’re having the roof repaired, of course. Are we obligated to r...
William Coet
Need Help. Paying For Heat/Elec. Tenants Using Space Heaters!
Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
Carrie Cathey
Where can I find Land Contracts (contract for deed)?
Curious to know if anyone is successful in land contracts? If so, which market is hot for this and who would I talk about to acquire such a deal? Thanks.
Bill Tyler
Suggestions or more crickets?
I posted this last week under the Tax, Legal Issues, etc. forum category and not a single response. I'm not sure if it's such a complicated situation that no one has any advice, or if I simply had the wrong category....
Brian Stone
What is the best way to get over analysis paralysis?
I'm very new. Learning as much as I can for free because I don't have the income to pay for much. I would like Real Estate Investing to be my career, but I feel fear of the unknown. That fear keeps me trying to learn ...
Ayodeji Kuponiyi
What comes first? Cap Ex before the NOI or after?
Hey BP Nation! I shared another deal I'm underwriting and came across the issue of Cap Ex with some BP members. I included the Cap in my 55% of the expenses and apparently I was wrong for this that. I was told the fol...
Art Maydan
Chicago: North vs. South Side (Buy & Hold)
I’m looking for a multi-unit to house hack in Chicago and had a low budget, so I was looking primarily on the South Side. We’re not big nightlife people, so I wouldn’t want to pay a hipster premium anyway. But safety ...