Derek Luttrell
How Often Do Things Really Go Wrong?
Hi Everyone, Pardon what could be a wildly ignorant question, but I drove from Chicago to suburban Indiana last weekend to look at some duplexes, and I am doing the same this weekend--needless to say, I am incredibly ...
Khelifa Ahmed
Help me a analyze this deal in Baltimore
I just purchased my first flip from foreclosure auction. It's in 166× Argonne drive, hillen neighborhood. I bought the property for $70k, I'm expecting a $40k rehab costs. But I'm out of state and scared that my contr...
Jason Burton
HELP! Analysis Paralysis
BP,
I have been feeling a lot of indecisiveness lately. I almost closed on a deal in St. Louis on a SFR but had it fall through. I'm also in the process of getting a multifamily in Alabama only to be having second t...
Eve Oliver
Collecting Rent from Tenants
Hello My Oklahoma Investor,What system have you guys been using to collect rent from tenants? I am putting my Lease together and I am not sure if I give my personal address, create a PO BOX or use an online tool. Any...
Joseph Davis
Offer price help needed in Northern Utah!
So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
Jameson Drew
My second (not as easy) multi-unit. Muncie, Indiana
Location: 619 W Howard St, Muncie, INOriginally listed for $50,000, offer accepted by bank for $20,000 (cash)8 Units (2 2BD/1BA, 5 1BD/1BA, 1 Studio)4470sqft on a 7772sqft lot.Taxes $1646 per year.Assessed at $82,300,...
Jerry Miller
Property Manager, issues with make ready repairs
Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...
Reed Mollins
Mistake lease with $0/mo , can i get my tenant to pay?
so, i use an e-payment system, and last summer it generated a $0 lease and sent it to the tenant. That was dumb. But what was worse is that when it came back to my office, my person signed it too! but i'm not done. Af...
Nick Aderman
Inherited a tenant with 2 pit bulls not sure what to do
Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
Justin Jarboe
LEASE ADDENDUMS? What extras do you add to your lease
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...