Tyler Fry
Self Storage Climate Controlled
I’m trying to get started in the self storage business. I found a building for sale that is in an area with a population of 60,000 with an average household income of $65,000 within 3 miles of the location. There is ...
Cesar Garcia
Income Verificatiion and Screening
I have a quick question. When screening prospective tenants we look for an income at least 3x the rent amount. So for example if we charge 4k for a house that means they have to make at least 12k to qualify. Now my qu...
Tom Henderson
If you didn't own in your current market... Where else would you consider?
The answer for me is pretty simple... Omaha, Nebraska, or Fargo, North Dakota. Omaha, Nebraska- very solid, long-term businesses-- transportation, Agriculture, financial services - Creighton University, University of ...
Nicole Richards
Is anyone using Traction by Gino Wickman for their REI Business?
Just curious if anyone is successfully implementing Traction and the 10 year, 3 year, and 1 year goals as well as PLMs, Issues list, To-Do lists for REI? If so, how many people are you involving in your PLMs? Are yo...
Rick L.
Three of America's 25 Wealthiest Suburbs Are in St. Louis
With my beloved city getting so much bad press lately. I thought I would post this article that shows how St. Louis is a great place to live!Three of America's 25 Wealthiest Suburbs Are in St. Louishttp://blogs.river...
Corey Dutton
Why Hard Money Lenders May Need a Mortgage License
Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
Grant Shipman
CoLiving Property Management That Works
Coliving or Rent-By-The-Room rental properties are known for high turn over, tenant drama, and property damage. Who else wants to join with me in setting a new standard here?! Over the past 22 years I've refined how...
Michelle Botelho
Long time reader, first time poster
hello!!I've being studying BP for over a year now. I am a sahm to 3 young kids and i am CFO of our household!! My husband is very busy at work, so my goal is financial freedom for him to retire or semi retire.We follo...
Salvatore Lentini
College grants and aid regarding real estate income and assets
I have a JR in high school and we're looking at colleges. Trying to figure out financial aid possibilities. How do colleges and the govt look at finances when household income is not cut and dry W2 income?My wife ha...
Anthony Duann
Market research for inclusion into REI business plan
Dear Fellow BPers,When creating a business plan for LLC's under the market research, how did you approach this section as regards to the tenants/ target customers criteria. (for example, age group(s), occupations, ren...