Kuron McGraw
Seller wants a offer before giving asking price
Good afternoon BP, I have talked with a seller and he hasn't given an asking price on the property. He wants me to give him an estimate because the offer has has received are low ball offers. The property needs finis...
Stephanie Ro
What Are Some Reasons a Property is on the MLS for over 30 days?
For my first purchase, I will be house hacking in a multifamily property. The examples below just happen to be in PA where I have never lived. The questions apply to any property no matter the State. When I return to ...
Denise Evans
Smoke Detectors in Rental Properties
An Alabama client of mine had this experience, but I think it is relevant nationwide. He had smoke detectors in all rental houses. It was the tenant's responsibility to test the batteries periodically and replace them...
Bryce Jamison
Do you buy older homes for long term rentals?
I tend to shy away from homes over ~20 years old to buy and hold for long term renting. This is because I'm concerned that even though the things in the house I can see look great things like the electrical, plumbing,...
Latisha Douglas
Calling all (successful) Low income (class C / D) investors
Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...
Rachel Degennaro
Seller backed out at closing!
I was in the process of buying what I was led to believe (by seller and listing agent) was a triplex, the top 2 units were rented and the bottom one was vacant, so I was going to live in bottom and continue renting th...
Rich Weese
obama says we're doing great! Why don't I feel all warm and fuzzy then?
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
Dan Powers
The Death of the Wholesaler?
https://fusion.inquirer.com/ne...I found this article that states in a few months the traditional "wholesaler" will have to get some sort of wholesaling licensee that will apparently add regulation to the profession. ...
Laith Ali
can you come up with $400 in an emergency
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Ki Lee
Property Management is ripping me off??
Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...