Jeff Lubeski
Who Pays - Burst Pipes
We had a cold spell last week. I get a text Sunday night from a tenant that the radiator pipe is broken (4 days after the cold spell ended). What I know is that she ran the propane tank empty and did not get it re...
Umesh Menon
Victimized by WireFraud on a Real Estate Sale - Need advise
Hello BP Community,We sold our home and the portion of the funds (~ 400K) that had to be wired to our Mortgage Servicer was sent to a fraudulent account (Wire fraud) by the title company. While Title company is invest...
Bennie Leija
Realtors Are Lacking Skills In Customer Service
I am frustrated with the work my realtor is presently doing. She is managing 2 of my properties ($900k and $700k). Under contract.
The reason I am disappointed is for 40 days we have had these 2 properties on marke...
Allen Denham
Letting go
When I first started with rentals I had to do everything myself now I have doing it for a while and would like to hire some of it out, I know it's easy to call a plumber when you have a leak or stopped drain and it...
Daniel Sunday
Making My First Offer
Hi everyone -
Im looking to buy my first investment property as a cash buyer. I have talked to agents but have not found them all that useful. I would like to offer without an agent on some deals I have found on m...
John Thedford
Private Or HML--What Could Go Wrong-And How To Qualify A Borrower
Hello all:I posted a couple weeks back about a recent HML I completed. There were several replies that I really enjoyed and I got different points of views, etc. One poster stated something to the effect "don't mistak...
Kirsten Ostby
Commercial Landlords with a Bar as a tenant during COVID
Those of you who have a Bar as a tenant, how are you handling the current situation? This is assuming they are not paying rent. I have a Bar/brewery tenant and they are claiming to be in a dire situation, awaiting gov...
Ryan Thomas
Estimating vacation rentals revenue during an economic downturn
I currently use airdna to estimate revenue on potential short term rental properties. Obviously this data is based on the current economic conditions. Does anyone have a rough ball park proxy to discount the ADR and O...
Matthew Horstmyer
Capitalizing Your Business
I was listening to the Money Podcast, Finance-Friday edition earlier this week. @ScottTrench mentioned having adequate amounts in reserve for a rental property. I close on my first property on Wednesday the 17th. The ...
Elliot Vann
Should I get a Masters in Real Estate?
Hey BP,I'm thinking of going for a MSRE (Masters in Real Estate), specifically, I'm looking at NYU but I am open to other ideas. I was wondering if anyone has knowledge of that and if its a worthwhile endeavor. I imag...