Mike M.
Northern VA Realtor Looking to Jump into Multi-family rentals
Im looking to start purchasing multi-family units. would like to start with at least 2-4 units. I started looking in Richmond VA near VCU thinking it will be a great long term rental market for college kids but the e...
Rob Gleason
HELP ! My inherited tenant is an DEADBEAT!
We just finished renovating 1/2 of our latest duplex - see newbie rental diary#3. Problem is that the other tenant wants his place fixed up too and is complaining about EVERYTHING he can find. He says there are bugs ...
Sharyn M.
Disheartening advice from my attorney
I have a NJ real estate license and have 7 completed lease option deals, 1 so far has closed, the rest are moving along smoothly. I went to an attorney to be sure my documents were Dodd-Frank compliant and received s...
Josh James
3br 3.5ba in -but on the edge of- a classy neighborhood
I am looking at buying this 3200 sq. ft. house at or below 100k. ARV should be 230k but a realtor said not to expect that because buyers can buy new homes (not in the area) for 210k. Average house in the area is wo...
Account Closed
When wholesaling, do you examine the property?
When you are a wholesaler, do you examine the property thoroughly? How far should you examine the property? How do I determine the value and cost of repairs? Do I need a lawyer or contractor?
Bienes Raices
Presenting yourself as "not the owner"
For those who own properties in an LLC and tell the applicants that you're the property mgr, not the owner, do they continue to press you about the nature of the LLC and who its members are? The reason I'm asking is b...
Zaid Badabwan
Tenant refusing termite treatment
Hello landlords and friendsI have bought a quadruplex in Tampa FL and inspection showed termite in the building. I have informed tenants that I will be doing tenting for termite treatment and offered payment for their...
Nic S.
Where/what should I invest $250K in?
I currently own 8 units in the KCMO metro area. I'll be doing a 1031 exchange on a duplex leaving me about $250K cash to invest in a like-kind property. My realtor is on the lookout for a MF building. What else and wh...
Glen Holmen
Buyer offers 208k and appraisal lands at 195k. Now what?
Hi. I’m flipping a 3/2 starter in Albuquerque, NM and we listed for sale at 189k, got 9 offers (all FHA and all above list) on the first weekend showing, and accepted the high offer at 208k. Now, a month along, the pu...
Christopher D.
Leasehold Improvement Exchange
Hi BP community,I own a condo/townhouse in a San Diego beach town that has appreciated significantly since I bought it in early 2013. I would like to cash out the significant amount of equity in it to remodel my prim...