Manny Cirino
Liens & Land Trusts... Would you do it?
Hi all,
it is rare that I actually create a topic although I like to post on other issues. I had a few thoughts come in to mind as I just came across a vacant property. The property is located in a nice neighborhood,...
Matt Banahan
Newbie: First Property in SoCal (local area) or Out of State?
Would love to hear opinions on purchasing in the more expensive Los Angeles / San Diego areas for first rental property to keep it closer? Or look at lower priced markets out of state?Hesitant in out of state due to t...
Evan Bonnell
Cashing out 401k due to COVID-19 $100,000 PENALTY FREE
Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
Jeff Castro
Renter lied about living in the house - anything I can do?
Renter said it would be her family living in the house. She signed a 2 year lease. On the contract clearly states no sub-lease.
She terminated her lease early at only 9 months out of the 2 year lease.The house was a ...
Petie Ehm
Recommendations for newbie with some cash to invest
Hello BP Community,I'm planning to move to and invest in the Denver area (long story). Anyway, unlike some, I have some cash to invest - coming from a small inheritance and also from the sale of my current home. Essen...
Kathryn Bowden
Help, Appraisal wasn't ordered - what do we do now?
I really need suggestions, as I have never dealt with something like this before. Appraisals in our county generally take over a month once scheduled. Therefore, most escrow times here are set for about 60 days. We...
Joe S.
Buying a house with a non-paying renter. How should I proceed?
I’m buying a house in a couple of days and there is a renter in it that hasn’t paid their rent for the last month according to the seller. The renter went on a month-to-month lease over a year ago. Should I get the ...
David D'Ambrosio
Chronic Late Rent with Property Manager in Place
I have a dilemma I would like to pose to the crowd. I have a sf rental in Florida with professional management in place that charges 8% per month. I have four homes with them. Three have been steady without any rea...
Brandon Bozarth
Late Payments but otherwise great tenants… what to do?
I have a tenant that for the last 3 months now has paid around $900 of the $1200 rent on time and then the rest around the 20th . The PM has been charging late fees but they don’t pay them. They are struggling to pay...
Bob Asad
Would You Still Buy SFH If It Lost You Money MoM?
Let's say you put 15% down on an investment property (2nd SFH, New Construction) and with property taxes, homeowner's insurance, and PMI the monthly mortgage is $4,300However, in the market (location), most of the ren...