So I have to share mine, because it just happened this week. We went back and forth with the tenant in our rental home but finally convinced them to move out without having to go the eviction route. When they did fina...
Hello BP community! I am days away from closing on my second rental property and have a question about bringing the most equity to my new fixer upper while being budget friendly. I know kitchen & baths for sure,...
Our property manager refused to give us the lease agreement and lied about the tenants damaging our property and stealing our property from our home. Two different tenants lived in our home since 2019 and we had not b...
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Hey, and thank you in advance for reading my post. I have been reading these forums, listening to podcasts and reading books for the last two years on REI. I just recently finished my residency and started earning a m...
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
Hi. I've been listening to the BP podcast for a couple years now and it's honestly a pretty good podcast even though after a while it gets a little repetitive. But I always enjoyed Brandon's energy and humbleness. I t...
So a few Army buddies and I each chipped in 10k each to buy rental properties under an LLC. As the years have gone by it appears the "buddy" that runs it has been lieing to us and we dont own the properties that he sa...
When screening tenants, in addition to running a credit report, checking landlord references, and checking bad tenant databases I also try to check the applicant's social media accounts. Some people have their account...
First post. We need some advice!
My wife and I have a condo in LA that has been paid off and used as rental property. We are renting in a nearby city with much better schools where our kids go to. The income from th...