![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/362256/small_1621446685-avatar-khadijahc.jpg?twic=v1/output=image&v=2)
6 October 2024 | 8 replies
Why not just write the initial $50k offer in the name of your company and avoid the wholesale aspect of it altogether?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3129153/small_1727951101-avatar-ianm392.jpg?twic=v1/output=image&v=2)
6 October 2024 | 1 reply
I recommend staying engaged with the forums and podcasts to keep learning from others' experiences.Given your success in short-term rentals, consider focusing on that niche initially.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/615681/small_1675553241-avatar-michaelb393.jpg?twic=v1/output=image&v=2)
8 October 2024 | 15 replies
At the initial booking contact message, I tell guests that I will be sending their check-in information to include WiFi password around 4 pm on the day of their arrival.
6 October 2024 | 7 replies
I understand where you are coming from, but I am trying to purchase it with technically not having to put any initial cash in except the wholesale fee.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1031497/small_1621507803-avatar-ricka36.jpg?twic=v1/output=image&v=2)
4 October 2024 | 2 replies
In most situations the tenant is 100% responsible for the initial security deposit payment, and any recurring utility charges.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3084974/small_1721930042-avatar-marcusw213.jpg?twic=v1/output=image&v=2)
5 October 2024 | 2 replies
Initial Purchase by Person A (11/1986):• Purchase Price: $52,7002.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2428032/small_1657223615-avatar-brandonc687.jpg?twic=v1/output=image&v=2)
7 October 2024 | 12 replies
Review the PPM and Operating Agreement: Start by thoroughly reviewing the Private Placement Memorandum (PPM) and the Operating Agreement you received when you initially invested.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1092856/small_1694742200-avatar-genitao.jpg?twic=v1/output=image&v=2)
5 October 2024 | 4 replies
My initial strategy is wholesaling and my markets are the Triad/Piedmont and the Triangle of NC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3109402/small_1724857115-avatar-jamesk747.jpg?twic=v1/output=image&v=2)
7 October 2024 | 34 replies
The reason for the delay is because I initially thought I'd invest in low cost areas of California like Fresno, Bakersfield, Stockton, Sacramento, etc (due to being somewhat within driving distance of the SF Bay Area) but I held back because California's landlord laws made me very concerned.I didn't want to end up in drawn out court battles with a renter just squatting at a place I purchased with my cash.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3099062/small_1723574155-avatar-glenm55.jpg?twic=v1/output=image&v=2)
5 October 2024 | 2 replies
., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend!