All Forum Posts by: Greg B.

Jennifer N. howdy and welcome to BP nation. We have a local BP DFW meetup scheduled in July. You should come and put faces with local names.

http://www.biggerpockets.com/forums/56/topics/73260-july-2012-dfw-meetup

I have people that would like to invest in my rental business, a first for me. We are negotiating an annual percent of return. Right now I am offering a monthly payment for return, focusing totally on cashflow.

The question has come up about what happens when the investor has had a 100% return and also the exit strategy.

I am wanting to make sure I am not giving away the farm on negotiations. Do you have any creative suggestions on the end game for investors in my buy and hold business?

Treating my rentals as a business, I actually have a customer that has posted a reference for me on my Yahoo business page. Also I have linked to it on my own business website. It didn't cost me anything and I figure it might be the edge to get the best resident in my rentals.

Welcome to BP Nation Jason Ward

Welcome to BP Trey Leigh

I can guarantee if they aren't forthcoming about this there are other things they are forthcoming about as well. Better be prepared.

Smart phone apps for alerts.
Texting so that you have a written record of conversations.
Using QR codes in real estate marketing.

I would be more willing to rent to someone that had already cleared BK than one that is facing BK. Too many unknowns going into BK.

Here is one thread but not the one I was looking for.

http://www.biggerpockets.com/forums/102/topics/65246--automatic-stay-for-tenant-that-just-filed-bankruptcy-

I thought we had a landlord here that had a nightmare tenant that was able to delay eviction in BK court? I will have to find that thread.