Sherry Lee
What would you do with 35k?
Hi All,Background: Greetings from Shanghai, China! I am American and my husband is Croatian. We both worked on a cruise ship around the world and was Able to save up some cash. Recently a new job took me to Shanghai, ...
Michael Cortez
SHOULD I DO A LINE OF CREDIT ON MY RENTAL?
Hi all, newbie here with a question. I took a HELOC on my primary residence that went towards purchasing my first rental. I'm renting it out for $1400 and my mortgage is $836. From that cashflow $215 is used to pay th...
Jeffery Drayton
How should I collect rent and manage property ?
Hello BP family,I just purchased my first ever Rental Property here in Illinois a few months ago. The home was purchased under my own personal name and has a mortgage. I will be self managing the home , but I was wond...
Ryan Dao
International Tenant Ghosting Me
Hello all, I have an international student as a tenant and I haven't been able to get ahold of him in the past week. He doesn't have an SSN.
A couple weeks ago, I found a post on the university's housing page of him ...
Jacob Chaney
Did my RE attorney screw me on this deal?
I had a 6 unit apartment building under contract in Washington, DC that requires that tenants be given the first right to purchase (referred to locally as TOPA).
The seller contacted me 3 weeks prior to close...
Dana Regan
loan as a private company
I have been a landlord for a few years, but as a side job. As such, getting refinance loans was no problem because of my full time employment. I am now a consultant, and because I don't have a full year with proven i...
Alan Chambers
Buying properties with a friend.
So a friend and I are ready to buy some fix and flips together. Where can I find info on how we set this up and what we need to have in place regarding paperwork etc. Do we need to form an LLC together, should we open...
Kristy F.
Contractor stole our money and abandoned project
I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...
Isaac Young
Opinions and Insight on First Possible Deal
Hello everyone,I am a 20 year old college student graduating this May. For my first building, I have my eyes set on an 11 unit building that is for sale at $400k firm. The numbers look good, especially for me living i...
Andrew Morefield
Reputable and reliable general contractors near ATX
I'm looking for a GC in the Austin Tx area. I moved here 2 months ago and I'm putting together a team to flip at least 3 properties in the next 12 months.
Any suggestions on what to look for in a GC are also welcom...