Shara Jones
Can a landlord do this?
My mom and I have been living in a small 2 bedroom rental home for over 11 years now. Recently, on April 6, 2018, we had our yearly house inspection because we are in Section 8 housing. The inspector found that the ca...
Michael Barnard
Maintenance, CapX, Vacancy
I’m a rookie investor investing long distance. I’m wondering if I’m being too conservative. When I underwrite a potential deal I include 10% for maintenance, 5% vacancy, and 10% for cap x. Is this to high? It seems li...
Jeff Rabinowitz
Personal note and SD IRA note on same project.
My wife and I have written a personal note (made a loan) on a real estate project. This project is going to require more funding to complete. I am considering providing a second loan, from my self-directed IRA (or ...
David Zhang
Buying a property with tenants, but none of them are paying rent!
Hey guys!I am in the middle of negotiating on a 3 flat with an illegal garden unit. We've agreed on a purchase price and are just about the signed the purchasing agreement. The listing agent mentioned that 3/4 of the ...
Joe Fernandez
Purchased My First Rental in Atlanta
Hi BP, I am closing on my first investment property next week. I'm jumping in head first!This was an MLS deal in Decatur, GA. The area is still rough but I think I'm in a good pocket, and I predict property values w...
Brie Schmidt
How do I sue my contractor?
For all you contractors / rehabbers - help me out here. We bought a house last June and hired a GC to do about $60k worth of work - the main thing being to replace all the cloth wiring in the house, as well as upg...
Sarah Johnson
Buyer's agent listed property for rent before closing
A day before we close, we found out that the buyer wanted an extension. We have been in closing for 6 weeks already and they are asking for another 2 weeks. We found out that 8 days ago the buyer's agent had listed ou...
Zachary Blanchette
Young Motivated Newbie in N. Denver area seeking Mentor advice
Evening BP community. I am a 28 year old who has climbed up the corporate ladder the past nine years to be in a high salary management position available in the next few months. The dilemma I face is that I look at th...
Peter Francis
Short Term Rental Advice
Hello short-term rental hosts! What were some challenges growing your company? We are currently running two units but will have 3 more by the end of the month. What were some uphill battles that you faced while gro...
Curt Bixel
Professional Tax Preparation or Not
For accounting, I use Rentec Direct, which allows me to keep track of all expenses and then prepare reports for all of my properties.The information the system exports seems like it is most of what is needed to prepar...