Adrien C.
What would you do with $60K?
I'm in a unique position as far as REI: lots of head knowledge from reading and some real experience with 1 SFR. My long term goals are to grow a business with enough passive income to live on comfortably. Currently, ...
Burke B.
Reasonable Property Management Fee Structure?
I have a question for any members that have a good amount of experience with property managers. I apologize for the length of the post.
I currently own a property in another state and have a property manager who man...
Prashant P.
Anyone use a Home Depot or Lowes Commercial Credit Card
I am starting a new rehab and was considering applying for a Home Depot commerical credit card. The reason was two fold. The first being I can build credit for my LLC. The second being I could use any financing dea...
Grant Schroeder
Marijuana Smoking Inherited-Tenant
Hey BP Community! I have two inherited tenants on one side of the duplex I am currently house-hacking with my wife. It is a mom and her 28 year old son. The mom has been great to work with since we purchased last summ...
Patrick C.
ALE Solutions - Temporary Housing
I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for. They have ...
Andy Schwaderer
Contractor 70% over estimate w/no warning, demanding money
Hi guys-I hired a contractor to do exterior and interior renovations at an apartment I own. Exterior work was to be completed first, then move to the interior. Cost of the exterior was estimated (agreed to and signed)...
J Scott
What Would You Do!?!?
Okay, here's an interesting situation that my best friend (let's call him "Bob") found himself in this evening, and I'm curious what you would do if this happened to you... I'll try to keep it brief, but regardless, ...
Tom C
AMCs
Who else has had to deal with this new program? Here is my latest experience. I have a SFR, which I purchased for $14K, 15 months ago, it was a REO. I am pulling some cash out and had to have it appraised. My broker h...
Kevin McGuire
Do financial advisors just not get RI?
Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
John Lubin
Shouldn't Prop Manager handle eviction?
My property manager is saying an eviction will cost ~$1000 for a lawyer. Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for? Tenant paid last month ~ 20 ...