Lauren Ashley
Eviction vs. Lease break/Cash for Keys in St. Louis
Hello, A colleague of mine owns a rental condo in St. Louis. His tenant has not paid November rent. His property management company is advising against eviction proceeding because it would take 10 years to collect rep...
Kory Thaut
Lakefront Rental Property Purchase – What Questions to Ask?
BP - I am considering making an offer on a four-plex that is waterfront to a large recreational lake in Washington State. According to my insurance agent, the only additional insurance requirements from a “normal” fo...
Tiffany Miller
Insurance for Rehab in PA
Hi there, I will be closing on a duplex this month using a hard money lender for the purchase and rehab. The HML is requiring that I have at closing an insurance policy paid for one year, but I am having a hard time f...
Ted Kuhlmann
The BP Rental Property Calculator
Hey All,I have been on here for around a year and finally became PRO. Started using the calculators on a few potential buildings i see and had a few basic questions for you guys/gals that have used the calculators...-...
Shauna Roseboro
Do Wholesale opportunity HELP
Hi Guys! I have a partner who has a home under contract and I might have a buyer who is interested. How do you work out the handling of contracts and fees between the two of us? Do we need a contract between us two to...
Alyssa Paros
Application fees, yes or no?
Do you charge application fees? What is your rationale for charging or not?
Kayla Ow
Out of State investments
Hi! I'm based in San Francisco and looking to purchase properties out of state. I've been researching a lot about Indianapolis on BP. Can anyone recommend a solid property management company for Indianapolis? I curren...
Craig Lessler
Taxable Gain on a partial 1031 Exchange
Hello everyone. I am doing a 1031 Exchange and want to verify the portion of the gain which is taxable.1. Relinquished property is being sold for $159,000.2. Adjusted Basis is about $60,000.3. Fix up expenses to sell...
Alex Simon
Refinancing Under Value
Question. I have a four-plex that I pretty much stole, and that I currently own in cash. I paid $200,000 for the asset, invested about $50,000 on the rehab, and was able to take the rents from $2,000/Month to $3,600...
Helen Lowery
The long view: selling
I currently have 1 rental and am working on a second deal. My plan is to continue buying and managing the props, with the goal of finding my children's college education and to support aging parents. However, after ...