Eric Smith
SELLING TO TENANTS
Hi everybody! I have some tenants that want to buy the house they are renting. I bought the house with a line of credit and recently financed the house for the full amount of $37000 after making repairs at 5.5% making...
Pyrrha Rivers
Success in networking story
Hello BP,Happy belated Thanksgiving!I want to share with you what I consider a success story in BP networking.A bit of background about me to put things in perspective for you.I am a teacher by day and investor by eve...
Allen Clark
Fraud on Craigslist - question
Someone copied my ad and is posing as the owner for a rental I have in Seattle. I have a new renter under contract but I am now worried that this scammer will have others under contract. I have forward the ad to my la...
Blake Williams
A newbie investor's first deal!
Hey everyone, I meant to post this a while ago but I've been pretty busy lately. I am 25 and at the beginning of this year I decided I was going to move out of my parents house. I've also been thinking about getting ...
Henri Meli
Finding owners of Multi Units/Family Properties willing to sell
I've just started investigating investment opportunities in Multi Family/Multi units properties. Based on the funds I have available, I was thinking somewhere between 5 to about 25 units is what I can afford. I have h...
Corey Jacques
Previous landlord didn't complete work
Hello all, I just recently closed on a duplex in MINNEAPOLIS and the previous landlord was to complete some work before close. When the inspector came to the house they landlord was working on the property and the in...
Marc Winter
Is It Time To Tap Out?
Is It Time To Tap Out?
Quoted from a real estate blog: “I bought this duplex 3 years ago for $600k, and now it’s worth $980k! I love real estate! I want to do it again and again! I heard I can just cash-out refi a...
Steve Maginnis
Help with mobile home with no title.
Hello all. I am looking to buy a lakefront property with a circa 1960 single wide trailer. The trailer has been completely enclosed and includes additions. It's really in great shape for it's age. The property was ...
Jason L.
How to Carry Over Last Month's Rent on a Renewal?
I have a tenant who paid first and last month's rent ($800) when she signed her initial lease. She's scheduled for renewal in June and she has expressed interest in doing so. Rent would be going up to $850. Does her o...
Andrew DeWeerd
FIrst Rental Rehab, HELP needed!
Hey BP! I'm crazy excited to get into my 2nd rental duplex at the end of this month, which will also be my first house hack for my wife and I! The first duplex I purchased came with tenants (who've been great) and h...