Stewart McMillan
Badmouthing tenant's attorney. Are there consequences?
I'm in the middle of a dispute with some tenants. The building's manager, whom I've known and worked with for 7 years, says that these tenants seem nice/normal and she hasn't had any problems with them.Unfortunately t...
Gregg Pauly
Listsource vs Property Radar vs ? for direct mail
Hello BP. I'm putting together my first wholesaling direct mail campaign targeting distressed properties. I have yet to fully narrow my criteria and am considering 1) out-of-state SFR absentee owner, 2) owner-occup...
Joseph M.
Do you use a separate LLC for each investment property?
Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
Helen Zhang
Cleveland Rental Culture Q&A
Hi Landlord/Investors of Cleveland, I am very interested to invest in Cleveland, and I have a few questions about Cleveland since I am unfamiliar with the rental culture there.1. Do you provide appliances to your tena...
Brett B.
To PM or Not to PM
I despise Property Management companies. I think a majority of them are thieves and thrive on nativity. I usually end up buying my properties from people who used PM companies and ended up needing to sell their proper...
Jordan Decuir
Start as a Part -Time Agent while working a full time job?
What is the best way for someone who is currently working a full-time, 9-6 job to begin working part time as an agent, with the hopes of building a book of business over time to transition to a full-time career as a R...
Matthew Swisshelm
2-3 Year Business Plan For Newbie REI
Good morning everyone!Today, I'm going to lay out the REI plan that I intend to follow over the next 2-3 years. In doing so, I hope that you fine members of BP will troubleshoot any short-comings that I do not see.Thi...
Kevin Mosier
Disappointment right before closing (inspections/roof issues)
So we're about to close on an 8-unit apartment building at $250K, no money down and seller-financed at 6%, 5-year term, 30-year amort. The plan was to fix it up, normalize rents, and refi out with a standard banknote ...
Andrew S.
What's with all the pessimism?
I'm in my data gathering/learning stage and yet to do a deal (except the three homes I've owned and a few business deal/leases.) In any event I'm talking to people in my local market and those in real estate (agen...
Stuart Udis
Don't let the cheerleaders drown out sound advice
One of the most common posts observed in the forums is "I just settled on my 3rd section 8 rental and have a goal of reaching XYZ doors in 3 years, 5 years etc". Many arrive at this strategy through paid mentorship, w...