Kurt K.
Tenants says they have bed bugs. I pay or tenants pays?
A new tenant moved in March this year and at the time of renting, there was no signs of bed bugs. They called today (8 months later) and said they have bed bugs. The lease states we do not pay for pests, but I've deci...
Jeff B.
Why non-performing notes?
I can understand investing in notes backed by real property.I can't understand intentionally buying a non-performing note.In either case, the only security is a position in the foreclosure queue, but unless you're in ...
Sean Kollee
inner city duplex part 9-12
Ok, we are up to post 9, I am just about to begin some real construction work now. I have to gloss over a lot of detail work to get this material up, I havent touched on the hours of details, plans, permits, etc. ba...
Fernando Angelucci
Make 800%+ with Little/No Money Down. The Gems of Seller Finance.
Hello BP Family,I was recently speaking with a buddy here on BP that is new to the game and is worried about how he is going to replace his and his wife's income. He just had a new baby in February (congrats Andy!) an...
Chad Brey
I LOVE being the bank!
My money is in the lowest risk position, I'm the first to get paid, and I make the most money! I love my job!
Adam Craig
Looking to make first offer on an apartment - check my numbers?
After 7 years of the single family rental/flipping business I am finally ready to get my feet wet with a small apartment building. I have lots of single family experience but I am hoping for some guidance on my first ...
Priya Gohil
Help Picking a Market
I need help picking a market. Just watched Bigger Pockets podcast/video about picking a market here as well as read through this article about markets with both appreciation and cash flow here.
First lesson - keep th...
Donald F.
How to reduce my active income tax liability? Bonus depreciation?
I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...
Edwin Fisher
Yellow Letters
I'm in the process of starting my first direct mail campaign for absentee owners in Chattanooga. I have made lists for each zip code in my area so I can do them zip_code-by-zip_code. I if I Let them go to a Google voi...
Nathan Gesner
Why is unpaid rent so high?
I've read news reports that say up to 20% of rent has gone unpaid in the last couple of months. I manage 350 units and all but one has paid (we extended grace far longer than normal but now we're in the process of evi...