All Forum Posts by: Erik Peddle

I've got two rental applicants and are both equally qualified. Is there anything illegal about asking them to start a bidding war? What is a good format to do so and maintain their confidentiality?

thanks matthew.  i ended up settling for 900.  

I've got a tenant who is claiming a health risk (due to mold/respiratory issues) to continue living in my rental, despite a mold test that came back negative/normal levels.  I've told them they can leave whenever but they will owe rent until another suitable tenant is found- per the lease agreement.  If they are claiming their specific condition is a "special case" despite the negative mold test, can they still legally avoid complying to the terms of the lease?   Any ideas?

Hey Everyone, What kind of terms are typical for private money SFR flip deals?

have you tried Google Drive?  I'm a PM on 5-6 jobs at a time, and find Evernote and google drive to be the most helpful and free way to collaborate and delegate on multiple jobs

Thanks Everyone! 

Thanks so much for the feedback! Sounds like I need to save up and make some time with an attorney. I've called a few in atlanta but would rather have a referral. Anyone know a great RE attorney? Does anyone have a multifamily deal they can't purchase but are interested in an equity position or handing one off? Best!

Hey everyone. I have one 3/2 residential rental property and want to scale up with a multifamily purchase. Do I need to start an LLC for each property? What other basic legal setup is necessary for managing rentals legally? I am reading Brandon/heathers book on managing property so if these answers are there let me know. Lastly Are there any multifamily landlords out there in the Atlanta area that I could connect with? Best!

Thanks for this post! I'm going out on a limb here, but.... are there any seasoned mentors in Atlanta looking to split some deals and help a newbie get started? I can offer 15+ years in residential remodeling and construction. I'm was a GC and now I work full time as a PM/builder. I have access to several streams of OPM to utilize in deals. I have one rental right now with a goal of 1000 units. My mission is to leverage the power of REI to defend the poor, weak and vulnerable in our world. I want to join with hundreds of other RE investors and change one life at a time through education, life coaching and building sustainable businesses all over the world. When I die, I want my legacy to be that I lived for the sake of others victories and helped every willing person achieve the next step in their journey. Are there any mentors out there who want to help in this?

Great video, I'm on step 4, very scary!  too many options, analysis paralysis kicking in. Help!