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Partner with a stranger?
Hello BP community! I am under contract for my first flip. Needless to say, I'm pretty excited. One of the inspectors approached me and asked if I would like to partner with him, as he has a lot of money sitting in t...
Brad Kremer
How to access equity for HELOC on MFR duplex in TX?
Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today. I've got about $525K in equity in the property, but lenders have told me that I ...
Sebastian Santoro
Wholesaling
Hello Everyone,I am planning on starting my first direct mail campaign this week, and I was wondering if any of you guys had good scripts to screen callers? And also if I do want to move forward with a deal, where can...
Joel Florek
Tenant Found Dead In Unit... I Would Appreciate Some Advice.
Hello BP, This is a tough subject and I am looking for some help from my peers on BP about how to best handle the situation. I just had my manager call and let me know one of my tenants passed. Supposedly the son had ...
Filmon Michael
Tenant's Ex and New Girlfriends Drama
I need your wisdom on this interesting situation. I have a month-to-month tenants, a man and his ex-girlfriend. He is a handyman who takes good care of the house. They broke up two month ago. Meanwhile, he has been pa...
Connor Lewis
Hard Money Lending for Flips
Hello BP!
I have a goal to complete my first flip this year. I don’t have all cash in hand, so I’m looking for a hard money lender. Does anyone in the Kentucky area have any recommendations for hard money lenders th...
Chris Starling
Mold found as a tenant
I have a friend who moved into an old house as a renter in Western North Carolina ~11 months ago along with a roommate who moved in who has been there for 2 months
Both of them recently have been reporting symptoms a...
Denise Evans
Smoke Detectors in Rental Properties
An Alabama client of mine had this experience, but I think it is relevant nationwide. He had smoke detectors in all rental houses. It was the tenant's responsibility to test the batteries periodically and replace them...
Nancy DeSocio
Should I notify tenants of exterior work?
Hello fellow landlords!I'm having some work done to the chimney of my property later this week and wanted to poll this group as to whether or not this is something I should notify the tenants about. I'm still learnin...
Sarah Day
Is this mold? Worth flipping?
Stumbled upon this on Zillow. Is this black mold? Is this something any flipper would bother with? No inside inspections allowed. Price about 10K. It is in a large (not huge) city 3 minutes walk to major University. G...