Hi all. I inherited a few properties. One of them is in very poor condition. It is rented and the tenants have been there for about 8 years. It is a poor family. The property has a few broken windows with boards up ov...
If you are a landlord, have tenant or looking for a tenant, I would think section 8 type government assistant tenant is better than the conventional work/job paying tenant? I had both types, and during coronavirus, ha...
I switched from QB online to desktop because I could not justify the pricing any more. I am running into a few issues.I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing cre...
I had a senior couple contact me the other day asking if I wanted to purchase their home (they live right next door to one of my rentals). They love their Home but feel they cannot keep up with the caretaking tasks. ...
We're planning to downsize and need advice from those who have gone through this process before. The sale of our current home of 15 yrs would allow us, after paying off the remaining 15 yrs of the mortgage, to buy a ...
I just heard about the 3.5% FHA loan and it sounds pretty appealing. I'm kind of hesitant about low money down tactics though. Does anyone know of good resources that explain some of the pros and cons of an FHA loan v...
I owe back taxes both federal and state from 2010-2013 federal is $15,000 and state is 2,700. The state has turned over my account to an outside collector. A few years ago I was in an offer and compromise, but I was k...
View reportHello BP Fam! -- How often are sellers entertaining owner-financed deals in your market?I'm looking to place my first owner-financed deal/offer and was looking for some input/feedback (I have not yet contac...
Hi guys,I love to see all of the success stories but I have noticed I just don't have the income to keep investing past 1 property. Here are two real world strategies that I used with my clients:Success story AStep 1:...
Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks. My father has c...