Jung Kim
If 20% down for an Investment Property, is REI really worth it?
Hi been studying RE as an investment option and trying to figure out the numbers. Could someone check with my numbers to see whether I'm thinking about REI correctly? I can't seem a large benefit of REI in a case wher...
Ryan Jones
Deal Analysis Thoughts - What Could Have Been
Hello,I'm based in Bakersfield, CA and recently put an offer in on a condo. Unfortunately I was beat out by an all-cash offer but this one was the first "deal" I saw that actually had respectable forecasted returns. I...
Steven Westlake
If it cash flows, do comps matter?
I found a property, 1.75 acres, it has a log cabin based house built in 1848, and a 1993 mobile home. The 63 yo owner lives in the mobile. Her now deceased parents used to live in the log cabin house. The mobile is d...
Matthew Lindsey
1st multifamily purchase, due diligence questions.
Hi, I was hoping someone could shed some light on my situation. I have been looking at buying my first multifamily property for a while now. I just managed to get two duplexes under contract. I am in my due diligence ...
Arthur Dent
Newbie rehab questions
I have thought several times over recent years how it would be nice to be able to pick up some property cheap, fix it up, and rent it out for a steady stream of income. I'm sure no one else has had this thought. ;) I ...
Jeremiah Lewis
Converting primary into a rental?
Hey everyone, first post! Anyway, I feel pretty knowledgeable in this as starting out as I have read the books and had mentors etc. for a few years gearing up, BUT, I have ran into a problem I have not found a good so...
Hai Le
Security Deposited Refund or Not
Garage tenant entered 6 month lease for May into November $850 a month. Lease agreement states security deposit would be used as an unpaid rent if there was early termination.Tenant decides to end lease early making f...
Bishara M.
Tenant not responding about Lease renewal
Dear my wonderful BP Family,My wife and I are Househacking in Carrollton, TX a 4x2 single family home. Renting by the room. The situation is as following, the Tenant's lease ends on Oct 31st 2021.I sent out a Lease re...
William Walker
Buying a portfolio of rental properties
I own a few SFH rental properties and have for years. Own my primary residence and have refinanced both so I’m familiar with the lending process/steps. I’ve been looking at local multi family properties which has led ...
Sixto Moralez
Make Tenants Pay Water Leak Bill?
Hi BP Family,
I have good tenants in a home that for some reason didn't notify me of a potential water leak until a week after it had been leaking. The tenant called and said no hot water for early morning shower, s...