Julie Kern
Commercial Lot Under Contract - Due Diligence Checklist
My business partner @Dean R. and I went under contract today on a commercial lot in Gwinnett County, GA (Lawrenceville). We have been looking at both residential and commercial properties (with and without existing b...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
James Lauer
Township changed ordinance rules for Airbnb, HELP!
Hello all,
I wanted to ask for everyone's help for a fairly large problem I am having for a rental I purchased. I purchased a duplex at a shore town in NJ. My township has changed the ordinance to 30 day MINIMUM for ...
Wes Blackwell
Investing in Sacramento or Stockton? Which One Is Better?
Investing in Sacramento or Stockton? Which One Is Better?I work a lot with Bay Area investors looking to invest in the Central Valley, and a question that comes up time and time again is "Should I invest in Sacramento...
Account Closed
Hostile Tenants - Need Advice!
Hello BP Community!
I have a rather bizarre situation and was hoping for some insight. I have a duplex (two units, one address) and rented out one unit to tenants and was keeping the other unit for myself. The tenant...
Justin Moon
Hard Money Loan???
Pros, cons?
The realtor I work with found a foreclosure that looks promising if I put in the work. I went for a viewing yesterday, and it needs a bit of work but I can see the potential in it if I buy it for ...
Bryan Hylenski
Quick Question for Quickbook experts!
Hello AllTwo tenants. 1. Move out Tenant, left the place a mess. House needed cleaning, so we billed him 75$ for cleaning penalty fee.2 Move-in Tenant said she would clean the place herself in exchange for the 75$...
Jeff Thompson
Valuing (and value adding) small multi in overpriced areas (San Diego)
Hi all,I'm early in the "figure out where we are going" phase and will do a ton more research before doing anything, so my question isn't if this is a good idea for a newbie, the question is: How do I value a small m...
Rob Anderson
2014 "Legal" Mobile Home Exit Strategies
To the season mobile home investors, what are your legal exit strategy plans for 2014 and what methods and strategies are you eliminating from your business plan due to the new laws?
Matthew J. T.
What is the difference between wholesaling subject to and a mortgage assignment?
I have this situation where I may be doing either, because that is what my buyer wants and I want to make sure I do it legally and right. I've been learning about subject to deals, and also mortgage assignments but h...