Frank M.
Is this deal possible?
I am looking at the family house in Brooklyn, NY, needing to be sold. Its value is all in the parcel of land, not the building. 4000 sq ft, in Bensonhurst (NYers will know the area). It's 1/4 mile from the subway, clo...
Eric Meyer
Tenant Screening question
This is my first time having to advertise my rental. I have it posted on Craigslist, Zillow which also posts it to Hotpad and Trulia, and I have it posted on Facebook Marketplace. I have had a lot of interest it, in j...
Greg Wilkerson
Low Income Collections
A large portion of our rental portfolio consists of low-income tenants, most of which are participants of some sort of subsidized housing program. We constantly struggle with collections. I would really appreciate any...
Shannon Green
Asking for IDs for all renters per stay.....good or bad?
We have an STR beach home in South Padre Island. We recently had a large group; larger than what was allowed, stay at our home and their behavior was unacceptable. We found out that one of the kids mother's rented t...
Jana Gruttner
1st time wholesaler
I am just in the beginning talks with a motivated seller. He is 2 years behind on his mortgage. He has not been issued a foreclosure notice. From what he told me, the bank is willing to do a short sale and he woul...
Zak Parks
The bank changed our LTV???
Hey BP. Gotta quick question. We've had a house under contract for about a month and a half. A month ago we signed our intent to proceed forms and loan estimate with 80% LTV. Closing was supposed to be a few days ago....
Jason V.
Tenant Leaving - When to relist unit that needs to be turned?
Good Morning BP!So I closed on a 4 unit last week that currently has some very long term tenants (16+ years) on a month-to-month lease. Their rent is quite a bit below market value, but I was going to feel a little gu...
Steve Rozenberg
Pets or No Pets - That is the Question
What Are the Negatives for not Leasing to Tenants with Pets?
Stacey Wells
How to Handle Earnest Money Deposit (EMD) When You Don’t Have Immediate Funds
Hey everyone,I’ve noticed that a lot of investors, especially those starting out, often face challenges when it comes to the earnest money deposit (EMD) required for property deals. It's one of those necessary steps t...
Philip Beckwith
Appealing property taxes
Does anybody have any tips on how to successfully appeal property taxes? We bought a property that we feel is assessed by the our local government too high. Our strongest case is that our bank appraisal says it should...