Alex Sky
Who keeps the EMD???
Hello,
Who would keep the EMD in this residential real estate scenario? Here’s the sequence of events:
- all buyer contingencies EXCEPT Loan contingency were removed
- Loan CR removal date was 9/21, buyer didn’t re...
Nick M.
Controlling Tenant Expectations
Hey All,How do you control tenant expectations around repairs?Some repairs are small, some are medium in size and others are large.Every tenant wants a repair done yesterday. How do you set expectations as to when th...
Bill Gulley
Ruled By Laws
Just thinking of how rules, regulations and laws impact not only your business but your lives. So ya think we are free?
Law dictates much about when you get up, go to bed and eat (can you think of the law that impac...
Austin M.
Having a job that moves you every 18 months.
Hi BP,
I am a new college graduate and have recently discovered my strong interests in real estate. With that being said, I chose a job post college that I will be moving every 12-18 months for the next 5 years. I...
Adam Jaspon
Is an LLC or a S-Corp the right entity for a rehabbing business?
I'm currently a landlord and utilize an LLC for that side of my investing, however I'm preparing to start a rehabbing business and I'm unsure whether an LLC or an S-corp will be more beneficial.Any advice is much appr...
Atwan Kwan
Prevent Renters asking for REFUNDS
I screen and list my properties way ahead of time to lock in a lease well before vacate period.... But with this much head time I fear the new signed leasee's will ask for a refund (after putting in deposit 1mo rent)...
David Warner
New to BP forums from Troy, IL - St. Louis Metro
Hi, my name is David Warner. I have been a real estate agent for a little over two years and a wanna be real estate investor for way too long. I plan to be free of the 9-5 within 10 years with over a million in equi...
Syreeta McDonald
Short Term Rental in Poconos Still Profitable in 2023
Hello. I live fairly close to the Poconos. I would like to purchase a STR that I can also enjoy as a vacation home. I would be satisfied with just making enough to cover expenses because I need a place to get away fro...
Dan D.
$1 million or $5,000 a month for life
This is a question that's been bubbling around recently.My thought is on this form, the majority would take the $1,000,000 to buy multiple homes or multi-family complexes in the hopes of doing better. Meanwhile, many...
Logan M.
Why I prefer Month to Month Leases
I bought my first Mobile Home Park in 2018 and started to realize that every tenant was on a month-to-month lease. At first, I thought this could be a negative but I started realizing a few benefits.
1. Many tenant...