Bob Malecki
Suggestions needed to get performing borrower to pay late fees?
We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...
Michael Bernhard
Hiring a contractor-do i need a 1099, etc?
First time poster here:I have operated a consulting business for many years and recognize the need for contracts, 1099s, etc when hiring subs. However I recently becam a landlord and we need an Air Conditioner install...
Pedro Jimenez
Just quit my job and started to drive for dollars
anybody has advice for me? I just started my real estate business full time. I have 2 months worth of bills in the bank, so I have to make something happen withing that time frame. I'm driving for dollars, and wan...
Matt Sullivan
How to plan for property manager transition to self management?
Hi, this is my first post. I have looked through the forums for advice on the above question but was hoping for more advice, pitfalls to be aware or things members whom have gone through this transition wish they woul...
Zachary Baldwin
Direct Mail Marketing
What are examples of successful direct mail marketing that are used for personal investment? For instance, my family and I would like to invest in a certain area of town. How would we best market ourselves to find pro...
Brian Knapp
Transitioning Primary Residence Into Rental
Hello,
I will soon be moving and we will be transitioning our current primary residence into our first rental property. The property we will be transitioning is a 2/2.5 town home in Boynton Beach, FL.
My first few ...
Mike McGee
Landlord Accounting / QuickBooks question
I purchased the QuickBooks training package from LandlordAccouting.com a while back. I've been doing everything as described in thier PDF manual, and I'm using the QuickBooks company template file they provided. They ...
Brook L.
I have a lot of built up equity- should i sell? rent out? etc?
Hi all! Long time lurker here. Looking for some feedback; what would you do in my situation?I live in Jersey City, NJ in one bedroom condo that I bought in 2009 for $140k. I put down $40k initially, and refinanced in ...
David Moore
Anyone using the Quickbooks guide from landlordaccounting.com?
Has anyone here purchased the Quickbooks guide from the website landlordaccounting . com? I have been a user of Quickbooks for years, but getting into rentals now and it's a whole new type of tracking when it comes to...
Russ Copeland
Overpriced Purchase!!!
Hello BP!! I overpaid for a property. There I said it. My quick back story. I was living in Las Vegas, NV and had a short time period to find a home to purchase in our new location of Eau Claire, WI. I went throu...