Mark Forest
Prospective tenants with a criminal record
What is the current law on refusing to rent to prospective tenants who have criminal records? Thank you in advance.
Patrick Shep
Land Value for Depreciation
if you’re figuring out the land value for depreciation purposes, can I use the Fair market value for the land? The county assessment taxes it at 59k which is WAY too high. A plot of land has sold for $8500, $10k and 2...
Chris Puckett
What Makes A Good Property Manager?
I've recently started my own residential/commercial PM company. As an investor of buy and holds I have horror stories about bad PM companies. So I would 1 characteristic of what you consider a good PM company. We h...
Duriel Taylor
Note Investing Advise
Good evening all, I hope all is well. I wanted to reach out to the note investors out there. I am not interested in buying this note right now, but I am trying to understand how to underwrite notes in a whole. I want...
Julie Hassett
Buying from a wholesaler - why no EMD contingencies?
Hello BP! Looking at a wholesale deal in Baltimore city (21213). It's a townhome in pretty good shape on a good street in BelAir-Edison (Pelham). Wholesaler wants $39K cash to close. No contingencies.Question: I've ne...
Michael Wentzel
What percentage of landlords only own 1 or 2 properties?
My memory has failed me, so I'm looking to the collective memory of BP. I think I heard on one of the podcasts that most landlords in the United States only own 1 or 2 properties. In my mind it came out of @Brandon Tu...
Raj Balakrishnan
tenant verification is UNRELIABLE. Scary stuff for a mom & pop investor !!!!!
Several applicants with disclosed felony arrests and convictions have passed tenant verification checks. Tenant verification sites, which charge for nationwide criminal, income, and credit checks, are clearing these a...
Adam Sherritt
Should you include price with LOI's (Letter of Intent)?
Hey guys, I am about to send out a Letter of Intent to a few buildings in the area and was wondering if you could give me some advice. I created the following Letter of Interest (LOI) to send to roughly 10 buildings w...
John Umphress
Looking for buy-and-hold MF in midwest or southeast
Howdy! Been lurking here for a while to pick up some data/observations on different markets. In the process of selling a commercial property here in Austin and looking for replacement property. (Austin has become a...
Brett Riemensnider
Buying first Duplex!
I’m looking to buy my first duplex here this week hopefully but am struggling to find the numbers I need. I’m not sure if I’m just second guessing myself but I feel that this is too good to be true. For the vets here,...