Dwight Crocker
Just Closed Today! 2/1 MH on a 1/4 acre for $4k.
My wife hates MH's but for $4,000 who cares...lol I put an ad on CL for $285/month and had 9 phone calls by 2pm. The MH is an older model and is in fair condition. The value is really in the land though. I coul...
Michael Baradell
Lease Option - Tenant/Buyer responsibility
Hey BP,I have been researching Lease Options and have been getting mixed reviews on who is responsible for maintenance on the property. Prior to doing research on lease options, I would have said that the Owner/Seller...
Jennifer Brown
Finding "good deals" using the MLS
Would anyone be able to offer any specifics on how they use the MLS to find deals (specifics as opposed to generalizations)?
Curtis N.
Going to jail for managing without license?
In Virginia, a property manager must have a brokers license.
What happens if your clients are okay with the fact that you don't have ANY license?
Do they throw you in jail for managing someone else's property?!
S...
Bryan Hancock
Is It Ethical To Structure Seller Financing on Wrap Transactions With the Intent to Default?
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
Kirsten Walstedt
PRIVATE LENDING QUESTIONS
Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...
Reginald S.
I heard via this site that newbies should try to stand clear of foreclosure deals?
Hello all. As I previously mentioned in an earlier post I am a Wholesale newbie in Clarendon County, SC. I am need of some serious expertise here. I am planing to launch my first marketing campaign for absentee own...
Scott Rudd
REALISTIC EXPECTATIONS
Hi Everyone,I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...
Bruce Weyer
Rental Property Accounting using Quickbooks Online
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
Account Closed
PM asking for money.....
Hey there everyone! I have a unique situation....or at least one I've never come across. I sold a rental home a few months back and no longer have any ties to it. I received a note from the former property management ...