I have a new client who found a property here in Memphis, TN that he was interested in maybe purchasing.  The property was on Zillow and was listed for sale by a wholesaler.  Now before you jump to conclusions and thi...

I'm thinking of buying this place and updating the kitchens and appliances to increase the cash flow. It is a duplex with 5 bedrooms 2.5 baths on one side and 3 bedrooms 1.5 baths on the other with a 1 bedroom suite i...

I recently saw an add or a post about Rad Diversified. It's a REIT and they claim their return was 36% last year. They specialize in tax deed purchases, rehab, tenant occupy then cash out and refi and repeat the proce...

Family sues Airbnb after 19-month-old daughter dies from fentanyl overdose while taking a nap at Miami rental - after previous tenants held cocaine-fueled partyhttps://www.dailymail.co.uk/ne...Lydie and Boris Lavenir,...

I was reading some forums and it got me thinking as I am creating my own lease.  I've used several local PM companies leases to "learn" from.  What have people added to leases after learning from the school of hard kn...

I currently have 2 4-plexes under contract. My financing will not be finished until after our scheduled closing date so I went ahead and lined up a hard money lender just in case. Before I finalize with the hard money...

I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...

Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!.  In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...

Good to be back BP, after being away from forums and BP in general I am happy to have more time to learn and help others with my most recent experience.  In March we purchased a home from the City of Milwaukee as a no...

I'm working on my taxes and getting together my list of contractors I used in 2019. I have never done 1099's but as an LLC, I feel if i want to grow and expand I need to start. I called several of my contractors up an...