I’m on my 5th month owning my first duplex rental property. One of the tenants I inherited has been a tenant for 4 years. Per the last property manager she supposedly pays but always late. However, she is now almost 2...
I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...
What are some efficient and convenient ways to collect cash rent?
I have renter that was supposed to send me rent through cash app when we started the lease, however he was trying to say he couldn't get the app to wo...
Hey BP! Got a question for ya. Will try to be as detailed as I can be which may make this post long, but I dont like when you are asked a question but dont have all the information to give your most educated response...
All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
BP,I've been searching and there are number of LLC posts. What I haven't found is a way to get similar protection of my assets without putting the properties into an LLC.Here is my issue. I bought the two properties o...
Has anyone used this system to 'turn your real estate business into a million dollar business in a year'? That was one of the web videos informercial claims. It looked to be basic internet marketing systems, SEO and...
Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
I've partnered with my mentor to purchase my first NPN. The purchase is now complete. It is a first position note. I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...
I have questions about the process AFTER buying a property at a county foreclosure auction and how I should proceed. I have an appointment with a local RE attorney next week but I thought I would ask the veterans he...