Anthony Angotti
COVID-19 Tenant Rent Payment Plan
I figured I'd share with you all my policy for my 125 or so tenants in case they lose their job due to COVID-19 related cuts. I have two letters that went out as part of this plan. If you want them I'm happy to share....
Matthew Karmazyn
LLC Operating Agreement Strength
I just purchased an LLC from Inc Authority. The guy is now trying to get me to pay for an operating agreement. I was planning on just finding some basic one online sine I don’t plan to have anyone else on this LLC eve...
Peyton Culberson
Managing Your First Rental
Hi all! I hope you are doing well. I am a young and inexperienced landlord looking to see what other landlords are doing for managing their portfolio. I recently househacked my way into my second property, and my firs...
Joe Pegel
Foreclosing on a tax deed in GA
Simple question (I hope).The lot next door to my house is unbuildable and useless to anyone but me (including the current owner.) I bought the tax deed last year and now it's time to think about foreclosing. I've rea...
Abraham Rahmanizadeh
Deferred Financing
Hi everyone!Hope life has been treating everyone well as of late! I am reaching out to the incredible BP community because I read in a few different places about the potential for deferred financing and was wondering ...
Dave G.
Foreclosure proceedings dismissed without prejudice
Hi all- So I'm doing some research on an REO in my area. I have prior owner, date of deed transfer to bank, original mortgage amount. I found the court transcripts from the foreclosure proceedings in hopes that the...
Shanel Dial
Client asks for STR Discounts we said no and now he is complaining about everything
We have someone staying in our STR this weekend. They asked for a discount before booking and we didn’t give it them. Now that they there are there they have complained about bulbs being out and other small things a...
Kristopher J. Anderson
What to look for when picking a custodian for self-direct IRA?
I am getting started and building my team. I have read alot and ready to jump in. What should I look for and what questions do I need to ask when choosing a custodian for my self-directed IRA?Most important to me is ...
Nick Brubaker
What paperwork do I need in hiring contractors?
Hi everyone.I purchased my first property last week and have settled on my scope of work and the contractors I will use. I am hoping to have them actually do the work in the coming days. I am wondering though, what ...
Michael Plaks
EXPLAINED: IRS audit "insurance" - no more fear of an audit?
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...