Matthew Wright
Sellers Lawyer Steals Deal
Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
Carter J.
Why should I *not* invest in turnkey properties?
Hi everyone, I'm looking to start off in real estate investing. I've done a ton of research on BRRRR, flipping, wholesaling, and a bunch of other various strategies. They all have their various pros & cons. Given ...
Account Closed
How to Transfer Parent's Residential Properties to my Company?
Hey everyone. I'm getting intro real estate investing. I have a 6 figure salary and great credit (785+). In Philadelphia, PA, my parents have 3 residential properties, one of them having an attached commercial unit th...
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...
Levi Gale
Who does not use the 50% rule?
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Paul Post
How much info can a PM share with a landlord?
Greetings,How much and what type of information is a property manager allowed to share with a landlord? Very best,Paul
Matt Mainini
How to overcome emotionally difficult tenants?
I knew this would happen eventually, but I still don't know how to overcome it mentally. My goal is to grow my business (currently 3 rental properties) and work on systems and whatnot, yet I'm deeply troubled by one ...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Tom V.
Need some help here with tenants. Serious problem. Please!
Hi all, having a serious situation here at a 3 family property I own.
It's a 3 family property. A few months back, the 3rd floor tenant stopped paying rent. Evicted him. Cost a couple grand to do, but got rid...
Cheng Bin Zhang
Another Crash 2017?
Hi All,I'm hearing from multiple sources that a potential economic downturn is likely to take place in the next term. Everyone has a theory (China's recession, Brexit, cyclical nature of the market, etc.).I figure th...