Nick Brubaker
How important is it for your GC to be licensed and insured?
Today is my last day of due diligence on my first flip property. My real estate agent referred me to an experienced GC. I like him and am confident he is reliable enough and would do good work, but I found out today...
Nick Farrell
I don't trust my Financial Advisor, what should I do?
I've had a roth IRA and a mutual fund thru Northwestern mutual for just under 2 years. I'm 23, I wanted to get started early so I can buy a business with the money some day. I don't trust the guy that is in charge of ...
Brooks Conkle
Looking for Skip Trace Tools to Track Down Sellers
Anyone have an efficient method (and economical way) to track down sellers of vacant properties?
If I don't find a better way, I'm going to take my returned letters and trash them (I'm just too ADD) - but I know there...
Gaurav Bahal
Appraisal is Less than Contract: To Buy or Not to Buy? HELP!
Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
William C.
Agent is “wholesaling” property on MLS
Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...
Rav Ram
What do i do with this Old Nursing Home building i just bought!!!!
Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
Ana Marie B.
Home Equity Loan vs. HELOC for downpayment on next rental prop?
Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
Tim G.
300k+ in equity in 3 years, low cash flow should I 1031 out of CA
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
Al Williamson
Tenant Request for Compensation
Got a call from a tenant telling me that a blade on her ceiling fan flew off and almost hit her. I apologized but went silent when she said she wanted to be compensated for the mishap. I told her we would talk about i...
Nina V.
Section 8-First time landlord and already in trouble! Please help
Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...