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PM refusing to show rental due to Corona Virus/COVID-19
I have a tenant that his moving out of a rental this week and asked my property manager when they will start showing... they just informed me that they won't show the unit while the corona virus issue is going on. I o...
Antonio Bodley
Those WE BUY HOUSES people
I contacted one of those WE BUY HOUSES companies one day. I asked if they buy properties from investors who have properties under contract. They said no. They only buy directly from the private sellers. I was thinking...
Cody DeLong
Inherting Smoking Tenants and No Security Deposit
Long story short I’m purchasing an 11 unit that currently are all month to month with no security deposits. The current landlord is giving me a great price (cash flows $1400 a month after all expenses, prop mgmt,and %...
Joe Conklin
Seller Financing - Real World Deal
So I am working with an investor who is looking to owner finance a rental. This is my first time using this approach and have some questions. I want to ensure that I am understanding the deal correctly.Purchase Pric...
Tristan Colborg
First Property and Property Management Fees
Hey BP community! I just closed on my first property and I am in the process of getting things set up for property management. I met with a couple of different companies, and feel like I know who I am going to go with...
Ty Burns
Contractor Change Order
My General Contractor that I am using on one of my rehabs has just sent me a change order for $5500 over our initial budget. In addition to that, he is telling me that I have to pay the tile guy, the electrician, and ...
Trevor Jackson
Pre-Foreclosure Q's
Hello BP, I have recently started my venture in wholesaling, and plan to work my way up to eventually owning and renting out apartment complexes/vacation condos, etc...
But for now, I'm 20 years old, broke, and have q...
Tony Lin
Offset passive income with new passive loss?
Let's say I made a 100k passive LLC syndication investment #1 a few years back. It sold this year with 10k of total cashflow and 50k of appreciation. If I invest in a new 100k LLC syndication deal #2 this year and it ...
Julie Marquez
Fresher than Mint - Tracking Personal Finances
I highly recommend that people track their personal finances, especially beginners that are just learning about real estate. I use (obsess?) mint.com, but there are lots of platforms and other's that have come up in f...
Andrea Evans
Can I Do This??
I've owned my primary home in Charlotte, NC, for seven years using an FHA loan this June. I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH. Can I utilize this st...