Douglas Skipworth
Do you track your net worth?
I'm teaching a class on buy and hold real estate investing in Memphis and I'm looking for some real life examples to share with the students.Here's the brief background on my question below.I believe 2 things.1. Peopl...
Pedro L.
Siding Contractor No show, refuses to return deposit (Illinois)
A contractor hired to replace siding in a relative's rental didn't show up. My relative requested her deposit back and they refused. They made the mistake of handing over the 1st half of the insurance check which t...
Christian Brodin
12 Must Knows for Your Property Management Agreement
In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...
Marcus Nickson
What are the pros ans cons of owning a property free and clear
Hello Fellow BP Members,I'm currently educating myself on multi family real estate investing. I would like to develop a portfolio of 100+ units in the next 10 yrs. I'm currently saving up to purchase a duplex in 2017....
Ben Kevan
What is/was your primary income stream when you started, and did you have other investments?
This question is for those of you that do this as a living, and as a supplemental income.
What is/was your initial primary source of income? And if you've since gone into doing REI as a primary source, how secure di...
Lee L.
Tenant asking landlord for W9
One of my tenants is asking me for a W9. Ever since they've moved in, they've been paying their rent in 3 checks: a personal check, a check from their first business, and a check from their second business. This has n...
Dustin Owens
Advice/ guidance needed starting out with $100k
Hello everyone!Very excited to take this next step in my life to become an investor and build a rental portfolio. A little about myself I'm 32 years old and in a few months will sell my home making $100-110k. I have a...
Mary Jay
How one person can create a double member LLC?
Hi guys,Could you please help me out?Everybody keeps saying how if a husband and a wife own an LLC it is still considered as one member LLC. Also, its easy to pierce the corporate veil of one member LLC, and courts ...
Eric Delcol
Why do some people try to sell their house without an agent?
I'd like to pose this question to anyone who has insight into the 'off-market' market.Why on Earth would anyone not use a real estate agent to sell their house?It reminds me of the people who attempt to perform medica...
Serge S.
How does this story end? Prediction for 2020
I am perpetually game planning future moves and this exercise inevitably requires taking a position on how the near future will unfold and the best way to benefit. I am interested in hearing what BP users think is abo...