Reaz H.
Am I proceeding with default rent in the correct manner?
I closed on a quadriplex on the 1st of March. Immediately, I drove over and put in an information packet (which included rent payment instructions and a tenant information sheet) in a manilla envelope in each tenants'...
Haiyang A.
What liens/judgments survive Sheriff Sale in Ohio?
I am looking at a bank foreclosure that will be sold by county sheriff at the courthouse step in Ohio. A title search revealed several liens against its owner (breach of contract, credit card judgment) as well as mult...
Dirk S.
How to remind a tenant to pay rent?
Hi all, the tenant never had an issue and paid on time for 2.5 years. Now its the 5th and the rent was due on the 1st, with a 7 day grace period and $30 penalty thereafter.
I need help wording a friendly reminder. I...
Michael Hines
Potential Deal need HELP !!!!!!!!!!!!!!!
Hey BP family.... I have a potential deal that I got through a realtor. Its for 4 houses all on the same street, the owner got into some financial trouble so he's motivated. I want to try and wholesale them however I ...
Edith Colletti
Does landlord still own the house we are living in?
Several months after we leased a house in CA, through a rental agency. a few months into the lease we learned that the owner of the property was not making payments to the bank. We contacted the owner who admitted he ...
Aubrey Ford
Splitting a SFH with an in-law suite into two rentals
I am looking to buy a 3/2 SFH near Atlanta that has a full in-law suite in the basement. Its needs a small bit of rehab to get it ready for rent. I am wanting to split them and rent the upstairs separately from the do...
Account Closed
Looking for advice from a deal artist
I started a direct mail marketing campaign here in California the first week of this year looking for open lots to build spec homes in a community I'm familiar with and built in before. The great news is that I've ha...
Mike Hibbs
First flip under contract
Hi BP,
I wanted share my first full flip results. After Pics here -- http://www.tourfactory.com/1439937/r_BP
Purchased on Auction.com - $147,000
Rehab - $35,000
Holding costs - $~1,500
Contract price - $239,000
Es...
Jessica Monroe
Starting a business for friends / family to invest
Good Morning BP,Over the last year or two I have shared my RE interest with family & friends. A handful of them have reached out to me and want to be a part of it, a few want to actively invest with me (buy &h...
Cheryl Naegel
Section 8
Hi everyone! I have a long question here concerning my rental in Indiana. My home is currently empty. I would like to sell or rent it to my sister. She is 67 and receives Social Security benefits---her only income. Sh...