I learned from on landlord on BP that charges a break lease fee that is almost close to the rent amount, thus allowing him to legally keep the security deposit in the case that the tenant breaks the lease.

How safe secure from breaking is everything currently?

(I would advise if the answer is yes to make sure no viscous breeds are allowed and also get an extra security deposit and possibly extra monthly rent.)Also, something that helped us that you might want to consider is for your credit check is that the score matters, but we look deeper than the score if there are things that come up (and in New Brit there are usually things that come up).If tenants are skipping out on "modern life essentials" like utility bills, cell phone bills, car payments that is a huge red flag.However, if it is a result of medical bills or student loans (or possibly a foreclosure during the crash) you may want to look past some of those.

1) Pick market or pick rehabber.. 2) pick property that rents for at lease 1% and at least 200/ month CF 3) secure team members such as property management 4) rinse wash repeatBest advice ever, do you make t-shirts?

I am hoping to secure a mentor in the REI business and DelREIA is probably a great place to find one!

I have a client that is in bankruptcy protection (ch. 11) because a lender failed to perform on a $33MM loan.Project is mixed use right on Ala Wai harbor in Honolulu.We have secured a $4MM Equity loan but because client is in such a precarious situation lender is charging high points and only giving him 2 months balloon maturity.

I understand that capital, experience, net worth, and liquidity are all factors for securing investors and financing.

My goal is to start off building capital, using the "none of MY money down" techniques and eventually purchase rentals to gain passive income.I would like BP to help me become a more creative, well rounded investor.I'd like to encourage other BP users especially newbie wholesalers to connect with me and start enhancing my network and knowledge.

The S-Corp also allows you to pay yourself from your business income using the "salary / dividend split" technique.

We're in the process of securing a loan for our first rent house in Texas.