Michael Poloncic
Tenant breaking their lease
Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent. Two of them decided to move out in December without informing me. One of them acciden...
Arjun S.
Buyer price escalation clause. Any limits?
Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
Brent M.
New Investor - Medford, Oregon Area
Hello Everyone,Great site. I just wanted to introduce myself, I live in Medford, Oregon. I am new to Real Estate, but it's always been a goal of mine ever since reading Rich Dad Poor Dad in High School. I recently m...
Brenda Whittaker
Contractors, release of lien
Listened to a BP podcast this morning about flipping and contractors, and heard about getting them to sign a release of lien so they dont come back and try to lien your property if the general doesnt pay the subs or w...
Jason Munger
Bandit signs: why use basic text only?
I’m NOT asking if you should or shouldn’t use them.I’m curious why most people make their signs look so simple or hand written. Why not use a logo and make them look more professional? Does it work better to lead pe...
Thomas Jones
Tenant Wont Pay
Ok so I have a tenant a little over a year now who has fallen behind.
Her rent is 500 for a 1 bedroom. A few months after she began living there she fell behind and needed to pay for her rent at the end of the month...
Wendy Busa
Satisfaction of mortgage-Procedure-Fees
Hello closing on a private lending deal. I want to make sure I understand the procedure and fees. Is it correct that I draft a final payoff letter, have that signed by myself and the borrower?Next, I have the borrower...
Brian Reynolds
Mechanic’s Lien- Help.....
Hello BP community! I’m reaching out to you all for some help/ advice on what I should do next. Here’s the situation, I hired a contractor for a fix and flip project in Cincinnati, OH. It was a full renovation (new wi...
Ellie Narie
Do tenants need to sign an addendum after you buy? (Oregon)
What's the official way to go about this in the state of Oregon? How do I give tenants an addendum without needing them to sign it? I am buying a property and will be managing it myself, but the current owners are usi...
Wyatt Witkowski
Breaker replacement haulting rental?
Hello everyone so I have a bit of an issue. Setting up my rental property but during the inspection it was found to have Federal Pacific circuit breaker which likely in Florida disqualifies it for insurance (obviously...