Daniel O.
What could possibly go wrong?
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
Account Closed
Tenants want to stay, but new tenants already paid deposit.
In Portland, we must give 90 days notice to change rent/terms or renew lease. Tenants' lease ends May 31. March 1, I offered to renew lease for June 1, no rent increase. March 30, they emailed that they didn't want to...
Linda R.
An ethics and legal question.
I am sure the answer is no but I have to ask. I am looking to purchase a triplex with a large commercial space, it has an overhead door and concrete floors. Great for a plumber, electrician, etc to have a shop. Anyway...
Jason Gutierrez
Realistic ROI paying all cash on an out-of-state turnkey
Hi everyone,BP newbie and first post in the forums. I live in Orange County, CA and am looking to buy my first buy-and-hold rental property. I've been looking outside of Southern California as I have not been able to ...
Nathan Gesner
Squatter Shot and Killed by Police
Another avoidable situation. This woman squatted for a year and it was NOT related to COVID in any way, yet they couldn't evict her. When they finally do, she's apparently gained a sense of established entitlement (wh...
N/A N/A
Land Trusts with LLCs??????
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Ryan King
One of 3 tenants lost job - options?
I'm renting out the other side of my duplex and there are 3 people on the lease. One of them just called and said he can't afford rent due to job loss and will be moving out. He said he's looking for a sub-lease alrea...
Linda Weygant
Scammed!!! Help?
I had a tenant who asked me to set up an online payment service for her or her father to make rent payments to. Her father is from California.I set it up through my QuickBooks software using the Intuit Payment Networ...
Charles A.
Why I sold Cleveland.
What's going on BP!It's been a minute.I wrote previous member blog articles about transitioning from duplexes and four-plexes into apartment building investing. We did that in 2 markets simultaneously:Jacksonville FL ...