Dean Julie
So here's my dilemna
In general, I love to work on and see a project complete successfully. I currently work as an IT computer administrator, and there is a never ending line of projects to complete and I love the feeling of completing th...
J. Martin
2013 Mistakes/Failures & Lessons Learned - Spill your guts!
I love to see the success stories on BP, but it’s also important to learn from mistakes in the past – and better to learn from someone else’s mistake than your own! Without sounding negative, lets spill some of our...
Felix Contreras
Foreclosure and Subject to
I have recently started to look at options with subject to and mainly focusing on foreclosure in the area of Greensboro. I am new to this method and have only ever used traditional finance that includes Va and convent...
Paul Jamgotch
Forced (early) Retirement... What to do
Hi All,
I've been lurking here for a while. Finally a post: My company has been bought out and I am facing a lay-off from a narrow field with no competitor to move to in my area. I'd like to stick it out in West Mich...
Brandon Sturgill
What are the Top Questions to Ask When Offering on a Multifamily?
I want to begin underwriting commercial properties and have a good prospect in a 8-unit. The only information I have is limited MLS and county information. I would like to ask the seller for some more information. Wha...
Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Kwan Suh
New investor needing help/advice.. I got scammed :(
So I bought a 4plex in Michigan back in September and hired a handyman who only had positive reviews on Google, Yelp, Facebook, etc.
He seemed pretty trustworthy at first and I hired him to get all 4 units rent ready...
Ryan Dossey
I'm going to be a new landlord help me set my policies.
Those of you guys that have been at this I am curious how you handle the following situations. Everyone says to set your rules and keep them.Smoking:Pets:Credit:Felons:Age:First time renters:Previous evictions:Rent Co...
Jay Hinrichs
Code of ethics for hard money and private lenders
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
Jake Weir
Renter Applications
I advertised an apartment early in the month for a March 1 move-in and got a number of bites. However, I put in some engineered hardwood in the apartment and it wasn't show ready until mid-month and raised the ren...