John Warren
Help! First late rent
Hello everyone!My wife and I closed our first deal on the 7th on our new four unit property which is fully occupied. One of the tenants is a co-worker, which was not something I was terribly excited about initially, b...
Katrina Cabral
Yikes, What did I do wrong?! All my inquiries dried up!
I only have one rental and this is my first time listing it for rent. I listed it and got close to 50 inquiries within 24 hours. I sent a reply to all those that inquired and suggested that they reply with their name ...
Guy Anthony
assigning a contract
im about to do my first contract assignment--can someone tell me exactly how to do it? do i put the end buyer on the contract i initially signed or do i have to draw up another contract? and do i get my money up front...
Jay Hinrichs
Unlicensed agents being charged in court
http://www.straitstimes.com/news/business/property/story/woman-charged-marketing-foreign-properties-without-licence-20140521As many may know there is a huge sales effort over seas to sell US turn Key properties. And m...
Kamal H.
How much should I ask for off of Rent?
Hello, I am currently working things out with my friend/roomate/landlord to settle and pay rent. So, the crazy thing is that both he and I got lazy and fell far behind on rental payments so I haven't paid anything in ...
Joe Kim
Rental Arbitrage -how to do airbnb without BUYING
Lots of people have asked me how to start doing a "Rental Arbitrage" in STR (short term rentals - Airbnb is most popular but VRBO is another way).Rental arbitrage is you as the investor rents a home and becomes the te...
Christopher Roberts
Commercial Mortgage Broker Proposal
Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....
Rebecca B.
What to include in 3 Day Notice to Quit or Cure in Iowa
Here we go! First month's rent rent up front. Second month's rent paid on time. Third month an email to say it would be late. Paid four days late but they didn't pay the late fees. Fourth month was due yesterday. Not ...
Joshua Dorkin
Verifying Members: How can BP help you more safely connect?
One of the challenges that we all face today, I believe, is coming to know and trust people that we meet online.
This is an incredibly difficult task for everyone, and is why doing your due diligence on deals and peo...
Daniel Ramirez
Trouble Finding Lender to Refinance Rentals
Hey BP Community,I'm looking to add a multi-family (duplex or triplex) to my portfolio.I have a total of 3 single family rentals that are free and clear. Property 1 has a market value of $85k. Property 2 has a market ...