Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
For those who invest in notes, the number of notes for sale has been limited compared to the number of contracts for deeds (aka land contracts, an agreement for deed, CFD's etc) I see on the market.I know some investo...
Hello BP, My name is Julian Le. I am a 23 year old engineer with a degree in Manufacturing Engineering Technology. I currently work at an engineering consulting firm. Starting out I am making around 52K. I’ve done rel...
Hello to experienced landlords, I just had my first turnover in the duplex and I got following complaint from the tenant. I would appreciate how best to respond to this. Can this be trouble if I just tell them that ...
Husband and I don't agree on whether or not we charge a late fee for the first time rent is due, let me know what you guys think.
We just had a lady move in on Feb 1st and this March 1st is the first time ren...
I'm doing a small flip on a house 2 hours away in Utah. A fellow BP member gave me a referral of another flipper in the area. I called him about contractor suggestions and he mentioned that his son does painting and o...
What CoC returns do you typically see as an investor who puts money into a syndication deal for apartments? (As a passive investor, not the person who puts the deal together).How does it compare to investing in your o...
I recently contracted a landscaping company to do a complete overhaul at my rental. Today, the tenant contacts me unhappy that they were using Round-Up as it contains glyphosate. Trying to reassure her, I sent her lin...
http://www.marketwatch.com/story/double-digit-rent-hikes-are-on-the-way-2011-01-13
A perfect storm is brewing for rents to rise.
Some highlights:
"Multifamily developers broke ground on just 114,000 units in the Un...
Hi all. First year as a landlord here and I need advice on this. I have a bad tenant who has been paying super late (30 days, 45 days, 20 days late) every month for the last 7 months (except March). The first coup...