Matthew Dunn
New Tenant Asking Asking To Pay Late
Dear Fellow Landlords,I just placed a new tenant into my freshly rehabbed 2 bedroom apartment which is part of a 4plex. As I'm new, I feel like I screened her thoroughly and she came back good on all the checks I made...
David Sutphin
Split couple, only half rent paid.
Looking for thoughts and suggestions on how to deal with this situation:
I leased a home to an engaged couple last spring. Both had good jobs and decent credit ratings. The woman has a young son from a previous marri...
Kristen Reyes
Driving for dollars... AND THEN?!
Hi BP!I am really working on getting my first deal. The MLS is not working, and I am going to start driving for dollars.I have already targeted a neighborhood with the ARV that I want, and I am ready to go out and lo...
Jonathan New
Raising capital for a larger multi-family deal
My partners and I are scouring our contacts and networking to piece together verbal capital investments for POF in order to submit LOI’s. My question for the BP world, is are there companies that provide the capital ...
Bruce Woodruff
A fellow Contractor sent me this.....
CUSTOMER: "How much will it cost to do this job?" CONTRACTOR: "$2,800 Dollars."CUSTOMER: "That's WAY too expensive for this job!!" CONTRACTOR: "How much do YOU think it would cost?"CUSTOMER: "No more than $800 Dollars...
Gerard Scranton
1st investment issues! Need some insight.
Hello BP Fam!
I'm currently under contract with my first investment property. It's a 2/1, 1596sq ft, .88 acre. It has a 1200 sq ft. detached garage with electrical and HVAC already installed. Future plans is to conv...
Astante James
How to start?
Hi All,I've been on the sidelines watching the game for far too long. I started out as an electrician apprentice so I never had the capital, I tried to do my own multi-family FHA and got scammed out of all the little ...
Jason Morgan
Where is the Money???
Good afternoon BP, My question is I am having a difficult time getting funding to do rehab deals. I've attended my local REIA for the last two years and cultivated a small network of private money lenders. I was ...
Roy Lam
Should I give him a 3 day notice?
I have a tenant that moved into this single family home last October, the first few months he was on time when I pick up the rents. But the past four months, including this month, he had been late as much as a week. ...
Tim Hsu
Equity, why does it matter?
Hi Everyone,This will be my first post and I was wondering if all the veterans could help this newbie out. I'm currently reading J Scott's book on flipping homes and I came across a section where it recommends looking...