Emillio Henry
College rental by the bedroom, do's and donts???
Hey everybody,
So im currently getting a house under contract that has been college rental house for the longest at least 10 years. I'm going to BRRRR the property and im trying to figure out how to add value beyond...
Larry K.
who owns the turnkey property?
Does the TK company actually own it first (name on deed) then sell it to their client/the new owner). Or are they acting as a realtor between a seller and their client/the new owner. Or a double close as wholesaler? O...
Caleb Whitney
"Preparing" for the BPO agent (ATTN: Negotiators)
ATTN: Negotiators
What is recommended to do to prepare for when you meet the BPO agent? Other than comps. Do you guys actually have a contractor give a repair estimate? Anything else? How do you package it and p...
Daniel Sweet
Flip or BRRRR - Foreclosure Property
I recently purchased a bank owned foreclosure, sight unseen, from an online auction and things got interesting from there.This property is around the corner from a duplex I own, and the numbers work great for either a...
Brandon Sturgill
Passing on a 10%CAP/ 13% CoC Deal...What would you do?...
Alright, so I have a seller finance deal in the queue...it 's a duplex...solid property...decent location...cash-flow is $191/month...10%CAP, 13%CoC, DCR 1.33. The deal would be a 84-month balloon, 10% down, 6% intere...
Michelle Fenn
Tenant Cleanliness Clauses
I am in Cleveland OH and they have passed legislation to require landlords to bi-annually have your rental certified has lead free. Home owners are exempt, obvious arbitrary and capricious enforcement but I digress....
Shawn Connors
First Direct Mail
Hey BP family,
I am in the process of sending of my first direct mail campaign. I have off the next 3 days and plan on setting all my systems up so I can mail out on Wednesday. I have $1000 set aside for marketing ...
Jivonna B.
Collecting an assignment fee using quit claim deed
Usually the title company deals with everything but I have a buyer who wants to pay cash for a house on a quit claim deed. Do I sign the quitclaim deed with the seller then an assignment contract with the buyer or doe...
Jason V.
Down Payment Assistance - Rochester NY
Good Morning AllI've been digging around the internet looking for Down Payment Assistance Programs to help out one of my tenants, but haven't found anything too helpful yet. Just lots and lots of ad-sites with questio...
Samantha Soto
Bi-weekly Rent Payment
Does anyone use biweekly rent payment schedule for tenants? We are inheriting some tenants that have historically had some difficulty paying. They have been long-term tenants, and the prior landlord was apparently c...