Rob Griswold
What would you do differently (lease purchase)?
I'm hoping this awesome BP community can help here...
I purchased a new home, and didn't know what to with my old home, and learned about lease purchase. I've done it with four different tenants (same home) over the...
Lelith Walker
Tenant cannot read
Hello:For those of you who self manage remotely, how do you deal with tenants that can not read in any language? We have a slight situation in our Fort Lauderdale properties. They can speak English and French but th...
Cameron Riley
Someone Shoot Me Straight! Please!!
- The way I usually conduct my terms, varies from house to house. For address 123 Funny Lane.... I might charge a 250.00 MOVE in fee, With a 1k Security Deposit. For address 356 Cool Lane... I may charge a 100.00 move...
Leenie Fo
Worst Scenario - Overpaid
I have a scenario where I have found a manufactured home on a permanent foundation in an area where you own the land & have a very small HOA to pay for water, pool, parks, rec room etc. It’s great for my family as...
Kaleb Woods
Owner Financed Mobile Home Park (Balloon Payment)
Hey all,
I'm about to put a seller financed mobile home park under contract in June, and am trying to get a few ducks in a row for the future balloon payment. The asking price is 460k, I'm coming to the table with 20...
Account Closed
Inherited Tenants and the lack of leases
I recently closed on a house with some inherited tenants.Both have pets with no pet addendums or security deposits or increases in rents for these pets. One of these tenants is breaking the counties rules on # of pets...
Carnet Williams
350 unit new construction - competition or upside?
Hey you all. I am under contract on a 24 unit Class C building (one bedrooms and two bedrooms). The owner has been self managing and the property is messy and any work done on it has been "half-ass" The building has g...
Jee Lee
Appraisal before BRRRR
Need some assistance. I have a home under contract that has significant water damage from a bad roof and the home hasn't been updated in decades. The appraisal came in for $20,000 less than the asking price. Is that n...
Scott Michael
I've flipped a house, now how do I calculate my profit?
Hi everyone!
I'm a wholesaler who has gotten into flipping. I just flipped my second house and am trying to figure out how much money I made.
I have used a pro-forma profit projection spreadsheet provided to me by...
Matt Hadley
California small claims court question
I was recently a tenant in California. I have sued my former landlord in Small Claims court for the entirety of my security deposit, plus interest. I am looking for an assessment of who's likely to win at trial and by...